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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.12 - Manufacture of workwear
100 jobs Number of planned job creations
Announcement Date
17 August 2005
Employment effect (start)
Foreseen end date
Description
Finnish workwear producer Image Wear is expanding its activities in Estonia. The affiliated company A&G Textile, which currently employs 293 people, is to open a new factory in Narva. The plant will start operating during autumn 2005 , employing 100 people. Management of the company states, that they want to increase their market share in Estonia from 20% up to 35%. At the moment, 85% of their production is going to the mother company.
Sources
19 September 2005: Aripaev
17 August 2005: Aripaev
Citation
Eurofound (2005), A&G Textile, Business expansion in Estonia, factsheet number 62219, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62219.
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