Restructuring events
European Restructuring Monitor (ERM)
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.
On 20 September 2016, the German-based international automotive engineering company, Willi Elbe Group, announced that it will open a new manufacturing plant for automotive parts in Kuklen, Plovdiv. This is the group's first plant in Bulgaria. 150 people are expected to be employed at the new plant by the end of 2016. The plant will develop and produce car parts for BMW and for Mercedes series trucks. The parts will be exported mainly to Western Europe and China.
Eurofound (2016), Willi Elbe Automotive Bulgaria, Business expansion in Bulgaria, factsheet number 88776, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88776.