The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Kauno apskritis
Location of affected unit(s)
Kaunas
Sector
(94 - 96) Other Services 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
100 jobs Number of planned job creations
Announcement Date
10 January 2006
Employment effect (start)
9 January 2006
Foreseen end date
Description
Eoltas, which owns 2 motor services in Lithuania and one in Latvia, opened a new motor vehicle repair centre in Kaunas on 9 January 2005. About 14 million LTL was invested in this centre. According to the company administration, 100 new workers are employed in the centre.
Sources
10 January 2006: Verslo zinios
Citation
Eurofound (2006), Eoltas, Business expansion in Lithuania, factsheet number 62795, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62795.
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