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.
Hotel / Restaurants Accommodation And Food Service Activities Accommodation 55 - Accommodation
150 jobs Number of planned job creations
Announcement Date
3 July 2006
Employment effect (start)
1 January 2008
Foreseen end date
Description
The Golf Club Ibar is building a new golf club near Dolna banja, a small town with mineral springs in the Sofia region. Till 2008, some BGN 75.4 million are planned to be invested in the new golf course and additional facilities. The new area will consist of a golf course, a modern spa centre and 550 small houses, all this situated on 1.6 million sq.m. For the construction (expected to be finished within the next three years) some 300 bulding workers will be hired. Afterwards 150 permanent jobs - mainly in the service sector - will be created.
Sources
4 July 2006: Dnevnik
Citation
Eurofound (2006), Golf Club Ibar, Business expansion in Bulgaria, factsheet number 63751, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63751.
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