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.
Bulgartabac Holding is the biggest Bulgarian state-owned cigarette-producing firm in Bulgaria. After the changes in the country in 1989 none of the governments succeeded to privatise it. The current government has made last unsuccessful attempt in December 2004. This led to discrepancies in the ruling political coalition, one effect was the retirement of the vice-prime minister, directly responsible for the transaction and changes in the government. Bulgartabac Holding is still state-owned and is selling some of its smaller parts as the case here with its division in Isperih. The new owner of the Isperih division - firm Iceberg-Beihan Sopen - has bought 89.50 % from the equity and will employ 280 people.
Eurofound (2005), Iceberg - Beihan Sopen, Business expansion in Bulgaria, factsheet number 61565, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61565.
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...
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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...
