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 Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
500 jobs Number of planned job creations
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.
Sources
Citation
Eurofound (2008), Trakya Glass Bulgaria EAD, Business expansion in Bulgaria, factsheet number 66891, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66891.
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