AILE Grupa

Type
Business expansion
Country
Latvia
Region
Latvija; Latvija; Latgale
Location of affected unit(s)
Daugavpils
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - 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
70 jobs
Number of planned job creations
Job creation
Announcement Date
7 March 2007
Employment effect (start)
7 March 2007
Foreseen end date
1 January 2008

Description

AILE Grupa, the manufacturer of glass decks, windows and aluminium doors is planning to open a new manufacturing unit in Daugavpils (Latgale). The local government of Daugavpils has leased for the company 11,120 square meters of land for 12 years. UPB, the holding company and owner of AILE Group plans to invest 4.2 million Euros in the first round of construction of the new unit. The company will hire 70 employees in the new unit. Currently the enterprise employ approximately 400 employees in all its manufacturing units.

Sources

  • 7 March 2007: Dienas Bizness

Citation

Eurofound (2007), AILE Grupa, Business expansion in Latvia, factsheet number 65033, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65033.