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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
2,000 jobs Number of planned job creations
Announcement Date
12 June 2018
Employment effect (start)
31 December 2018
Foreseen end date
1 January 2020
Description
German automotive cable and wiring harness manufacturer Leoni is to open a new electric wiring plant in Pleven. The investment is worth some €32 million and is to create more than 2,000 jobs. The plant will begin operating by the end of this year and will work at full capacity by 2020 . The jobs will be created gradually throughout this period.
Sources
12 June 2018: Capital
12 June 2018: Dnevnik
Citation
Eurofound (2018), Leoni Bulgaria, Business expansion in Bulgaria, factsheet number 94308, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94308.
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