Vagledobiv Bobov Dol

Type
Internal restructuring
Country
Bulgaria
Region
Yuzhna Bulgaria; Yugozapaden; Kyustendil
Location of affected unit(s)
Bobov Dol
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05.10 - Mining of hard coal
400 jobs
Number of planned job losses
Job loss
Announcement Date
5 June 2018
Employment effect (start)
16 July 2018
Foreseen end date
31 December 2018

Description

About 400 miners will be made redundant as a result of the announced closure of the last underground mine in the country in Bobov Dol. The job cuts are to start gradually from 16 July and end at the end of this year. At the discretion of the management, the redundancy may be completed before the scheduled end date, in compliance with the labour law procedures and following a notification to the Labour Inspectorate in Kyustendil.

The underground mine is owned by Vagledobiv Bobov Dol EOOD, whose sole owner is Vagledobivna Kompania OOD.

Sources

  • 5 June 2018: Offnews
  • 5 June 2018: news.bg
  • 7 June 2018: 24 hours

Citation

Eurofound (2018), Vagledobiv Bobov Dol, Internal restructuring in Bulgaria, factsheet number 94279, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94279.