EMCC European Monitoring Centre on Change

Leader-96

Company/Organisation:
Leader-96

Geographic Location

Country: Bulgaria
Region: Yuzhna Bulgaria
Location of affected unit(s): Plovdiv

Company

Sector: Manufacturing
Manufacture of transport equipment
30.92 - Manufacture of bicycles and invalid carriages
Number Employed: 600

Employment Effects

Announcement Date: 25-10-2022
Type of Restructuring: Business expansion
Employment Effect Start: 25-10-2022
Foreseen End Date: 01-01-2023
Planned Job Creation: 330

Additional Information

The Bulgarian manufacturer of e-bikes, Leader-96, has announced it will be creating 330 new jobs at its new production facility in Plovdiv. The factory will aim to produce over 300 thousand e-bikes per year. The new factory will be managed by the majority owner of Leader-96, E-Velox.

The investment is worth BGN 50 million (EUR 25.6 million). The new facility will span on 47,000 sq. m and have a built-up area of 25,000 sq. m.

Two years ago, Leader-96 expanded its existing plant in the village of Rogosh by Plovdiv, the investment has been BGN 4 million (EUR 2 million).

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