Trakya Glass Bulgaria EAD

Type
Business expansion
Country
Bulgaria
Region
Severna i Yugoiztochna Bulgaria; Severoiztochen; Targovishte
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
500 jobs
Number of planned job creations
Job creation
Announcement Date
28 March 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 June 2010

Description

Trakya Glass Bulgaria EAD, subsidiary of the Turkish glass giant Şişecam, is to create 500 new jobs by June 2010. Şişecam will invest USD 380 million in the expansion of its production facility in Targovishte. Another USD 415 million will be invested in the construction of four new plants by 2010. The new plants will produce flat glass, motor vehicle window glass, bullet-proof glass and insulation glass. The Bulgarian subsidiary of Şişecam currently employs 1,500.

Citation

Eurofound (2008), Trakya Glass Bulgaria EAD, Business expansion in Bulgaria, factsheet number 66891, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66891.