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.
The window manufacturer UAB Aradas has begun construction of a new plastic window and door factory in Alytus. Upon completion, the factory is expected to employ approximately 145 workers in two shifts. The new facility is scheduled for completion by the end of 2026.
The new factory is being build in proximity to an already existing Aradas factory that employs a further 88 workers. The company has been operating in Alytus for 17 years. The company’s expansion has been planned for several years, and the decision to build a second factory specifically in Alytus was influenced by the location of the first factory and the investment conditions.
The company’s entire staff is based in Alytus. Moreover, the municipality is providing the company with a plot of land free of charge and offering full support. The company exports about 90% of its production to Scandinavia, Germany, the Netherlands, and elsewhere.
Eurofound (2026), Aradas, Business expansion in Lithuania, factsheet number 204486, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204486.