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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.1 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
420 jobs Number of planned job creations
Announcement Date
9 September 2019
Employment effect (start)
17 August 2019
Foreseen end date
Description
The electric equipment manufacturer ABB officially opened its fifth production unit in Bulgaria in the town of Petrich on 17 September 2019, creating 420 new jobs. The recruitment has started and around 130 workers have already been hired. The production unit offers a modern workplace for welding, pre-assembly, final assembly and testing for modular DIN rail mounting equipment. ABB provides more than 2,800 jobs in Bulgaria.
The company is subsidiary of the Swiss-Swedish ABB (ASEA Brown Boveri) - a technology leader in electrification, industrial digitisation, motion, and robotics automation, operating in more than 100 countries with around 147,000 employees.
Eurofound (2019), ABB Bulgaria, Business expansion in Bulgaria, factsheet number 98911, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98911.
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