Meggle – closure linked to regional restructuring plan
German dairy agency Meggle Group is to shut a plant in Bulgaria as a part of its strategic optimisation plan.
The manufacturing facility in Shumen in north-east Bulgaria can be shuttered and round 95 worker contracts can be terminated.
Meggle mentioned it’s restructuring operations in south-east Europe to introduce “extra sustainable enterprise fashions” in all markets by which it operates. It mentioned the newest growth is the final stage of a two-year transformation course of.
As of 1 October, Meggle will function in Bulgaria underneath a modified enterprise mannequin however is not going to exit the native market and can proceed to supply its merchandise within the nation, in accordance with a press release from the corporate.
“The troublesome resolution was made by the Meggle Group and its stakeholders in spite of everything different choices have been exhausted. The persevering with pandemic, sadly, moreover sped up the restructuring course of,” it mentioned.
Final July, Meggle introduced it deliberate to exit the Croatian market on account of difficult enterprise situations and suggested it could shut down its facility in Osijek, its sole plant within the nation, with all of the 160 employees employed on the web site to lose their jobs.
In October, it bought the plant to native enterprise Fortenova, which was anticipated to retain round 100 of the 160 jobs.
Meggle, which has been lively in Bulgaria since 2009, is headquartered in Wasserburg am Inn in Germany. It has manufacturing websites, gross sales workplaces and businesses in 25 nations around the globe.