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.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.11 - Manufacture of metal structures and parts of structures
200 jobs Number of planned job creations
Announcement Date
12 May 2023
Employment effect (start)
12 May 2023
Foreseen end date
31 December 2023
Description
The international investment group VMG, has announced the development of three modern factories in the Akmenė free economic zone which will create 200 jobs by the end of 2023. Vacancies offered by the VMG Group are intended for both – unskilled workers and specialists with higher education in the fields of engineering and mechanics. Currently, the company is actively looking for technologists, shift foremen, electricians, managers.
The company has stated it will offer all employees working conditions that match their competences and experience: high wages, social guarantees and a wide package of additional benefits. In addition to the employer's basic obligations, employees will be offered free meals and transport, private health insurance, a motivating system of additional financial benefits, training and internships that open up international opportunities.
VMG is an investment management company, established in 2002. It is one of the largest Lithuanian capital groups, engaged in wood processing, renewable energy, innovation, engineering wood production, packaging solutions and industrial real estate in Lithuania, Poland and other EU countries.
Eurofound (2023), VMG Group, Business expansion in Lithuania, factsheet number 109034, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109034.
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