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.
Severna Bulgaria; Severen tsentralen; Veliko Tarnovo
Location of affected unit(s)
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.1 - Retail sale in non-specialised stores
280 jobs Number of planned job creations
Announcement Date
12 September 2005
Employment effect (start)
3 October 2005
Foreseen end date
Description
Pazari Veliko Tarnovo has opened its new trade commercial complex, which was started to be built in June 2002. The name of the complex is Fifth Avenue and it lays on 10.500 square metres with an investment of BGN 3.6 million. There are 82 stores, restaurants and service stores in the complex with 50 new parking places. A whole infrastructure was build around the store and the intentions are to continue with the next stage - improve the opened part of the market around, where fruits and vegetables are sold.
Eurofound (2005), Pazari Veliko Turnovo, Business expansion in Bulgaria, factsheet number 62249, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62249.
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