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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
100 jobs Number of planned job creations
Announcement Date
18 January 2006
Employment effect (start)
1 March 2006
Foreseen end date
Description
Giriu bizonas, one of the biggest companies in Kazlu Ruda, which employs 670 workers, has started the construction of new factory. The new factory will produce wood fibreboards for furniture and it will start working in the beginning of March 2006. According to the administration, the factory will employ about 100 new employees.
Sources
18 January 2006: Lietuvos Rytas
Citation
Eurofound (2006), Giriu bizonas, Business expansion in Lithuania, factsheet number 62852, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62852.
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