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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.96 - Manufacture of other technical and industrial textiles
250 jobs Number of planned job creations
Announcement Date
30 November 2016
Employment effect (start)
1 December 2016
Foreseen end date
Description
ALC – Bulgaria, the local subsidiary of Canadian company ALC, plans to create up to 250 new jobs in a new factory in Blagoevgrad by the end of April 2017. This will be the third ALC factory in the country and it will produce trim components for Volkswagen. The first factory was established in 2011 in Musachevo and employs some 1,000 people while the second was established in 2013 in Ihtiman and has about 600 employees.
Established in 1994, the company manufactures seat covers, trim inserts, steering wheel covers as well as gear and hand brake grips and bellows.
Sources
30 November 2016: http://www.capital.bg
1 December 2016: http://www.money.bg
Citation
Eurofound (2016), ALC – Bugaria, Business expansion in Bulgaria, factsheet number 89299, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89299.
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