EMCC European Monitoring Centre on Change

Teklas Bulgaria

Company/Organisation:
Teklas Bulgaria

Geographic Location

Country: Bulgaria
Region: Kardzhali; Yuzhen tsentralen; Yuzhna Bulgaria
Location of affected unit(s): Kardzhali

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
22 - Manufacture of rubber and plastic products
Number Employed: 1500
Group: Teklas

Employment Effects

Announcement Date: 03-08-2015
Type of Restructuring: Business expansion
Employment Effect Start: 04-08-2015
Foreseen End Date: 31-12-2015
Planned Job Creation: 500

Additional Information

Teklas Bulgaria, a Turkish producer of rubber and plastic pipes for cooling and heating systems, announced the creation of 500 jobs at its plant in Kardzhali. Reportedly, the new jobs will be created by the end of 2015. Established in Bulgaria in 2004, the company currently employs  1,500 people and it is a supplier for large automotive manufacturers such as Mercedes, BMW, Audi, Volkswagen, and Volvo.