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 ; Klaipėdos apskritis
Location of affected unit(s)
Klaipėda
Sector
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
300 jobs Number of planned job creations
Announcement Date
21 February 2006
Employment effect (start)
1 March 2006
Foreseen end date
31 March 2006
Description
Yazaki Wiring Technologies Lietuva, one of the biggest companies in Klaipėda, has solved the problem of the lack of employees and intends to employ about 300 new workers from March 2006. The company has signed the contract with Baltic Electrical Motors Company, which will assemble equipment for new production.
Sources
21 February 2006: Verslo zinios
Citation
Eurofound (2006), Yazaki Wiring Technologies Lietuva, Business expansion in Lithuania, factsheet number 63080, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63080.
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