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.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products 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 25Â 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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71585.
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