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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53 - Postal and courier activities
1,000 - 3,000 jobs Number of planned job losses
Announcement Date
10 November 2010
Employment effect (start)
10 November 2010
Foreseen end date
1 April 2011
Description
State-owned company Bulgarian Posts EAD announced plans to close a number of post offices across the country with the loss of between 1,000 and 3,000 jobs.
During an interview with Yantra Dnes, Dejan Daneshki, CEO of Bulgarian Posts EAD, said that the restructuring, starting in June 2010, is aimed at avoiding the strong decentralization of Post. Daneshki also said that the restructuring will be completed by 1 April 2011. So far, around 1,000 workers have been dismissed.
According to the Telecommunications Act all post offices in villages with fewer than 800 inhabitants will be closed. Five major regions - Plovdiv, Pleven, Varna, Bourgas and Sofia - will manage all post offices.
Eurofound (2010), Bulgarian Posts EAD, Internal restructuring in Bulgaria, factsheet number 71161, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71161.
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