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.
Yugozapadna i Yuzhna tsentralna Bulgaria; Yuzhen tsentralen; Plovdiv
Location of affected unit(s)
Plovdiv
Sector
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 30.9 - Manufacture of transport equipment n.e.c. 30.92 - Manufacture of bicycles and invalid carriages
330 jobs Number of planned job creations
Announcement Date
25 October 2022
Employment effect (start)
25 October 2022
Foreseen end date
1 January 2023
Description
The Bulgarian manufacturer of e-bikes, Leader-96, has announced it will be creating 330 new jobs at its new production facility in Plovdiv. The factory will aim to produce over 300 thousand e-bikes per year. The new factory will be managed by the majority owner of Leader-96, E-Velox.
The investment is worth BGN 50 million (EUR 25.6 million). The new facility will span on 47,000 sq. m and have a built-up area of 25,000 sq. m.
Two years ago, Leader-96 expanded its existing plant in the village of Rogosh by Plovdiv, the investment has been BGN 4 million (EUR 2 million).
Eurofound (2022), Leader-96, Business expansion in Bulgaria, factsheet number 107650, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107650.
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