Restructuring events
European Restructuring Monitor (ERM)
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.
Danspin, a Danish-capital company producing yarn, will create more than 60 new jobs in Raseiniai by the end of 2024. The company owns a factory in Raseiniai and has announced plans to expand its capacity there. The company is mainly looking for specialists working in production and managing the intricate spinning and carding machines. Currenty the factory in Raseiniai employs 460 employees.
Danspin was founded in 1996 and it is owned by the Danish company Danspin A/S. The company is engaged in the manufacturing of textile goods, including linen goods, felt goods, padding, and upholstery filling. The company's customers are large international companies from the USA, the United Kingdom and in the European Union.
Eurofound (2021), Danspin, Business expansion in Lithuania, factsheet number 106085, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106085.