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
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
60 jobs Number of planned job creations
Announcement Date
27 May 2015
Employment effect (start)
27 May 2015
Foreseen end date
Description
Norwegian capital company Kitron engaged in electronic manufacturing services, opened a new engineering services centre and created 60 new jobs in Kaunas on 27 May 2015. The centre will produce high quality electronic boards, modules, and control units for the Kitron’s customers in the telecommunications, military and other industries. The Kitron group has electronic equipment plants in China, Germany, Lithuania, Norway, Sweden and the USA. Currently Kitron in Lithuania employs around 430 employees.
Sources
27 May 2015: Verslo zinios
Citation
Eurofound (2015), Kitron, Business expansion in Lithuania, factsheet number 83605, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/83605.
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