Type
Offshoring/Delocalisation
Country
Bulgaria
Region
Yuzhna Bulgaria; Yugozapaden; Sofia
Location of affected unit(s)
Ihtiman
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment
New offshoring locations
Hungary

200 jobs
Number of planned job losses
Job loss
Announcement Date
16 December 2013
Employment effect (start)
10 December 2013
Foreseen end date
31 December 2013

Description

Welding electrodes manufacturer ESAB Electrodes ceased operations at its plant in Ihtiman. As reported, more than 200 jobs were lost.

According to media reports, the company that owns the factory decided to move its production to Hungary.


Sources

  • 16 December 2013: btvnews

Citation

Eurofound (2013), ESAB Electrodes, Offshoring/Delocalisation in Bulgaria, factsheet number 76323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76323.