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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41 - Construction of buildings
1,000 jobs Number of planned job creations
Announcement Date
16 April 2007
Employment effect (start)
Foreseen end date
Description
The Danish company TK Development is willing to invest 50 million EUR in the setting up of a shopping mall in Pleven. High ranking company officials met with Pleven deputy mayor Valentin Mateev and vowed to create 1,000 new working places in the town. The company has chosen Pleven for its investment on the basis of economic surveys showing optimistic results about the town's future development. Pleven is among the first Bulgarian municipalities contacted from the Danish firm for its activities, said Mrs Kostadinova from the Public relations department of the municipality.
TK Development is the biggest Danish building company and is presented in nine countries in Northern and Eastern Europe. Two among its biggest share-holders are Skandinaviska Enskilda Banken and Morgan Stanley and Co. International Limited.
Sources
17 April 2007: Pari
18 April 2007: Dnevnik
Citation
Eurofound (2007), TK Development, Business expansion in Bulgaria, factsheet number 65267, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65267.
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