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)
Assenovgrad
Sector
(10 - 33) Manufacturing (32) Other manufacturing 32.3 - Manufacture of sports goods 32.30 - Manufacture of sports goods
125 jobs Number of planned job creations
Announcement Date
23 January 2023
Employment effect (start)
23 January 2023
Foreseen end date
31 December 2023
Description
The ski producer Amer Sports Bulgaria EOOD is building a new factory in Assenovgrad, for which it will hire 125 new employees. The company plans to have all construction works finished by the end of the year and to start production. The 125 new employees that will be hired, will undergo initial training at Amer Sports Bulgaria's first manufacturing premise in Chepelare, which currently has 750 employees.The location of the new premise has been chosen for logistics reasons – proximity to a highway, an airport, and to the first factory in Chepelare.On January 23, 2023, Amer Sports Bulgaria received an Investor Class A certificate, which gives it access to a subsidy of 900,000 levs (450 thousand Euro) to build the infrastructure around the new production facility.
Eurofound (2023), Amer Sports Bulgaria, Business expansion in Bulgaria, factsheet number 108217, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108217.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...