Business expansion
Yuzhna Bulgaria; Yugozapaden; Pernik
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

100 jobs
Number of planned job creations
Job creation
Announcement Date
20 October 2010
Employment effect (start)
20 October 2010
Foreseen end date
31 December 2010


Bulgaria's largest steel-marker Stomana Industry has announced that it is to rehire 100 of the 300 workers it laid off in 2008. Bulgaria's largest operational steel-maker Stomana Industry has announced it would hire 100 new workers.

According to Tomcho Tomov, HR Manager of the plant based in the city of Pernik, the plant has started to create the jobs it had to shed due to the economic crisis. In November 2008, the company, owned by the Greek Tempo Metal, laid off about 300 workers. "Under the agreement with the trade unions we are committed to re-hiring the laid-off workers in the event of favorable market conditions. We are now starting to honor our commitment", Tomov stated. In his words, the new dynamics on the international markets are helping Stomana Industry regain positions. The 100 new jobs will be for metal workers.

Stomana Industry is now the largest Bulgarians steel-maker in operation, after the Kremikovtzi plant in Sofia, which went bankrupt and had to close down.



Eurofound (2010), Stomana Industry, Business expansion in Bulgaria, factsheet number 71163, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71163.