Bulgarian Steel Mill Stomana Regains Jobs Lost to Crisis

Stomana Industry is rehiring 100 of the 300 workers it laid off in 2008. Photo by Stomana Industry

Bulgaria's largest operational steel-maker Stomana Industry has announced it would hire 100 new workers.

According to Tomcho Tomov, HR Manager of the plant based in the city of Pernik, the plant is starting to regain the jobs it had to shed as the economic crisis kicked in.

Back in November 2008, the company owned by the Greek Tempo Metal laid off about 300 workers.

"Under the agreement with the syndicates we as employer committed to re-hiring the laid-off workers in the event of favorable market conditions. We are now starting to honor our commitment gradually," Tomov stated.

In his words, the new dynamics on the international markets are helping Stomana Industry regain positions.

The 100 new jobs will be for metallurgy workers.

Stomana Industry is now the largest Bulgarians steel-maker in operation, after the Kremikovtzi plant in Sofia, which is the only larger one, has run into bankruptcy.

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