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 Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.42 - Aluminium Production
160 jobs Number of planned job creations
Announcement Date
5 March 2024
Employment effect (start)
5 March 2024
Foreseen end date
31 March 2027
Description
Alcomet AD, a Bulgarian company, and manufacturer of flat-rolled and extruded aluminium products is foreseen to create 160 new jobs during the next three years. The company received a certificate for priority investment for BGN 136.28 million (EUR 70 million). The investment project is related to the expansion of the existing production in the plant in order to expand the product range by producing new products to meet the current market demand.
The investment will not only contribute to the expansion of the portfolio, but also to a significant improvement in the quality of the manufactured aluminum products, meeting the growing and stringent requirements of the market.
Eurofound (2024), Alcomet AD, Business expansion in Bulgaria, factsheet number 200946, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200946.
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