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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture Of Other Parts And Accessories For Motor Vehicles
300 jobs Number of planned job creations
Announcement Date
19 July 2023
Employment effect (start)
19 July 2023
Foreseen end date
31 December 2023
Description
The Dutch engineering and manufacturing company Royal Nedschroef Holding has opened its new automotive parts plant in Stara Zagora, creating 300 new jobs. The investment is worth more than 50 million BGN (25 million Euro). In the new factory, high-tech components for the automotive industry will be produced. The facility is located on an area of 30,000 square meters in the industrial zone of Stara Zagora. The plant ranks among the largest in the automotive sector in the region.
Royal Nedschroef Holding, which has its main quarters in the Netherlands, employs 2300 people in 11 countries worldwide.
Eurofound (2023), Nedschroef Bulgaria, Business expansion in Bulgaria, factsheet number 109301, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109301.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
