EMCC European Monitoring Centre on Change

Arsenal

Company/Organisation:
Arsenal

Geographic Location

Country: Bulgaria
Region: Stara Zagora; Yuzhen tsentralen; Yuzhna Bulgaria
Location of affected unit(s): Kazanlak and Maglizh

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25.40 - Manufacture of weapons and ammunition
Number Employed: 6500

Employment Effects

Announcement Date: 05-09-2022
Type of Restructuring: Business expansion
Employment Effect Start: 06-09-2022
Planned Job Creation: 1000

Additional Information

Arsenal AD a Bulgarian weapons manufacturer will create 1000 new jobs. The new jobs will be in its production facilities in Kazanlak and Maglizh, central Bulgaria. Mainly women will be recruited for the factories. The average monthly salary will be around BGN 1,800 (900 Euro). Additional bonuses will be provided at the third and sixth months.

The plant currently employs about 6500 people and plans to increase the number to 8000.

Sources: