The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Severna i Yugoiztochna Bulgaria; Severoiztochen; Targovishte
Location of affected unit(s)
Targivishte
Sector
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
130 jobs Number of planned job creations
Announcement Date
7 February 2011
Employment effect (start)
7 February 2011
Foreseen end date
30 March 2011
Description
Turkish glass manufacturer Sisecam announced the opening of a new factory for automobile glass near Targovishte. The investment is estimated at USD 25 million and will create some 130 jobs. The new factory will produce automatic and non-automatic side windows and heated back windows with an annual capacity of 1.3 million square meters. The company reported that has ongoing contracts with automakers such as Audi, Ford, Renault and Peugeot. This new factory will be the fifth manufacturing site in Bulgaria.
Sources
7 February 2011: BTV novinite
7 February 2011: Stroitelstvo.info
Citation
Eurofound (2011), Sisecam, Business expansion in Bulgaria, factsheet number 71585, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71585.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...