Ekranas

Type
Business expansion
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Panevėžio apskritis
Location of affected unit(s)
Panevėžys
Sector
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
500 jobs
Number of planned job creations
Job creation
Announcement Date
7 September 2005
Employment effect (start)
20 September 2005
Foreseen end date

Description

Lithuanian manufacturer of television tubes Ekranas, which had to dismiss 1,000 workers in April 2005 because of decreased sales of its production, now is planning to employ 500 new workers. According to the administration of the company, Ekranas will launch a new production line on 20 September 2005.

Sources

  • 7 September 2005: Verslo zinios

Citation

Eurofound (2005), Ekranas, Business expansion in Lithuania, factsheet number 62196, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62196.