Taurages Note

Type
Offshoring/Delocalisation
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Tauragės apskritis
Location of affected unit(s)
Taurage
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
New offshoring locations
Estonia
115 jobs
Number of planned job losses
Job loss
Announcement Date
2 March 2010
Employment effect (start)
2 March 2010
Foreseen end date
2 August 2010

Description

Note, a Swedish electronics manufacturer, has announced it will cut 115 jobs in Taurage by the end of first half of 2010. The company intends to close the plant in Taurage and relocate production activities to Estonia. According to the management, the main cause of the offshoring was a decrease in sales by 30% in 2009. Note Group operates in Scandinavia, the United Kingdom, the Baltic States, Poland and China.

Sources

  • 2 March 2010: Verslo zinios

Citation

Eurofound (2010), Taurages Note, Offshoring/Delocalisation in Lithuania, factsheet number 70262, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70262.