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; Yugozapaden; Kyustendil
Location of affected unit(s)
Bobov Dol
Sector
(35) Electricity 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
186 - 400 jobs Number of planned job losses
Announcement Date
16 July 2013
Employment effect (start)
16 August 2013
Foreseen end date
15 September 2013
Description
The consortium Energy MK JSC is to cut 186 jobs at its thermal power plant Bobov Dol in Bulgaria. According to the sources, the regional labour office in Doupnitsa was officially informed about the measure.
Apart from the job cuts, a 30% wage reduction is going to be implemented for the remaining staff. The job reduction plan is going to take place by mid September 2013.
Sources
16 July 2013: Economic
18 July 2013: Bulgariasega
16 July 2013: dariknews
Citation
Eurofound (2013), Bobov Dol, Internal restructuring in Bulgaria, factsheet number 75675, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75675.
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...