Restructuring events
European Restructuring Monitor (ERM)
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.
Swiss-based global provider of power and automation technologies ABB group, opened a new production site in the industrial zone of Rakovski, Plovdiv. As reported, this is the second largest investement of the group in the country and is expected to create 600 jobs when the plant will be in full operation.
According to the sources, the plant will supply internally with components for low and medium voltage, ABB factories in Italy and Germany, as well as, other ABB factories in countries such as France, Norway, India and China.
Eurofound (2014), ABB Bulgaria, Business expansion in Bulgaria, factsheet number 77386, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77386.