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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
100 jobs Number of planned job creations
Announcement Date
22 November 2006
Employment effect (start)
2 April 2007
Foreseen end date
Description
Handjou New Silk Road, the Chinese company, together with Bulgarian Poliintex are going to invest EUR 8 million in a factory for plastic bottles near the town of Pleven. The project was announced after signing a contract during the Chinese - Bulgarian business meeting in Shanghai, which took place during the visit of the Bulgarian PM Sergei Stanishev in China. The new factory is to process 20,000 tonnes of raw materials per year and will create more than 100 new jobs. The production is planned to be exported to the EU countries, Russia and Turkey.
Eurofound (2006), Oiliintex and Handjou New Silk Road, Business expansion in Bulgaria, factsheet number 64538, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64538.
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