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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
600 jobs Number of planned job creations
Announcement Date
23 November 2005
Employment effect (start)
Foreseen end date
Description
Yazaki Wiring Technologies Lietuva, located in the Klaipeda free economic zone and producing wires for Renault, can not find the required numbers of employees in Klaipeda and is therefore looking for other regions to expand its activities. The authority of Skuodas — a municipality with relatively high unemployment level — took the initiative and is looking for potential subcontractor for Yazaki in Skuodas. Yazaki in turn of success is going to employ up to 600 people in Skuodas region.
Eurofound (2005), Yazaki Wiring Technologies Lietuva, Business expansion in Lithuania, factsheet number 62597, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62597.
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