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.
Professional Services Professional Services And Management Consultancy Activities Of Head Offices; Management Consultancy Activities 70.1 - Activities of head offices
196 jobs Number of planned job creations
Announcement Date
3 June 2014
Employment effect (start)
3 June 2014
Foreseen end date
31 August 2014
Description
Swiss based Coca-Cola Hellenic (HBC) group, the world’s second largest Coca Cola bottler, announced expansion plans and is to create 196 new jobs at its data processing, finance and HR shared services centre. As reported, the firm plans to invest further in its corporate centre in Bulgaria as part of a strategic cost-cutting plan aiming to centralise back office activities for its various business units and improve its productivity, efficiency and governance.Coca-Cola HBC operates in 28 countries and has plants in Europe, Africa and Asia. The Coca-Cola Hellenic Business Services Organisation, launched its activities in 2011 in Sofia and is expected to employ more than 360 staff by August 2014. According to the sources, the firm decided to establish its Business Services Organisation (BSO) in Bulgaria due to the highly skilled workforce and a favourable corporate tax regime.
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Sources
5 June 2014: Balkans.com
3 June 2014: economy
3 June 2014: Money
Citation
Eurofound (2014), Coca-Cola Hellenic Business Services Organisation, Business expansion in Bulgaria, factsheet number 77387, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77387.
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