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.
About 400 miners will be made redundant as a result of the announced closure of the last underground mine in the country in Bobov Dol. The job cuts are to start gradually from 16 July and end at the end of this year. At the discretion of the management, the redundancy may be completed before the scheduled end date, in compliance with the labour law procedures and following a notification to the Labour Inspectorate in Kyustendil.
The underground mine is owned by Vagledobiv Bobov Dol EOOD, whose sole owner is Vagledobivna Kompania OOD.
Eurofound (2018), Vagledobiv Bobov Dol, Closure in Bulgaria, factsheet number 94279, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94279.