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
New offshoring locations
100 jobs Number of planned job losses
Announcement Date
9 April 2010
Employment effect (start)
5 July 2010
Foreseen end date
15 August 2010
Description
Super Bebris, a manufacturer of wood building parts and houses, plans to relocate production activities to the USA and cuts 100 jobs at the manufacturing unit in Limbazi.
The company was founded on 10 January 2001. In 2006 it relocated manufacturing from rented unit in Allazi to the new manufacturing unit in Limbazi for production of glued timber building parts, glued timber beam houses and timber panel prefab houses. On 9 April 2010 the company announced that it was to close the workshop in Latvia and relocate production activities to the USA.
The company owner Normunds Teko blamed the relocation on the current economic climate in Latvia and the need for new markets. Following market research, it appears that there are good possibilities for development in the USA. On 5 July 2010 Normunds Teko announced that the company had terminated all activities in Latvia and the relocation was being carried out according to the original plan.
Sources
9 April 2010: www.diena.lv
7 July 2010: www.mezi.lv
9 April 2010: www.db.lv
Citation
Eurofound (2010), Super Bebris, Offshoring/Delocalisation in Latvia, factsheet number 71863, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71863.
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