Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Wholesale / Retail
Retail trade
Non-specialised retail sale
47.1 - Non-specialised retail sale

130 jobs
Number of planned job creations
Job creation
Announcement Date
31 March 2009
Employment effect (start)
1 September 2009
Foreseen end date

Description

Prisma LT intends to open a new hypermarket in Vilnius at the beginning of September 2009. Approximately 130 people will be employed in a newly opened hypermarket. Prisma LT is the subsidiary of the Finnish retailing cooperative organisation Suomen Osuuskauppojen Keskuskunta (SOK). The Prisma chain is the market leader for hypermarket stores in Finland. Prisma LT belongs to S Group, which had retail sales in Finland and abroad totalling 11,820.60 million EUR in 2008.


Sources

  • 31 March 2009: Verslo zinios

Citation

Eurofound (2009), Prisma LT, Business expansion in Lithuania, factsheet number 68632, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68632.