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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
200 jobs Number of planned job creations
Announcement Date
9 March 2020
Employment effect (start)
9 March 2020
Foreseen end date
Description
ISG Technology, which was acquired by the UK based IT service provider Allvotec in 2019, will create 200 back-office and service desk jobs in its freshly acquired facility based in Sofia, Bulgaria. The decision is part of Allvotec's larger restructuring plan, attempting to achieve better cost-effectiveness and will involve the offshoring of 200 jobs from UK to Bulgaria.
Currently, 70 people are working at ISG in the Bulgarian capital.
Allvotec is UK's largest independent IT & Communications field services provider with 30 years experience of ICT services delivery – from pre-sales support to remote service delivery.
Eurofound (2020), ISG Technology, Business expansion in Bulgaria, factsheet number 100009, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100009.
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