Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Ukmerge
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

200 jobs
Number of planned job creations
Job creation
Announcement Date
10 July 2008
Employment effect (start)
10 July 2008
Foreseen end date
10 July 2008

Description

Narbutas & Ko, one of the leading companies in Lithuanian furniture market, employing more than 600 employees, opened a new office furniture factory in Ukmerge in July 2008. Two hundred new workers started working in the factory and the number of employees is expected to grow twice as many by the end of 2011. The company invested more than 75 million LTL in the newly built factory.


Sources

  • 10 July 2008: Lietuvos Rytas

Citation

Eurofound (2008), Narbutas & Ko, Business expansion in Lithuania, factsheet number 66842, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66842.