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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.59 - Retail sale of furniture, lighting equipment and other household articles in specialised stores
150 jobs Number of planned job creations
Announcement Date
15 May 2013
Employment effect (start)
1 May 2013
Foreseen end date
1 August 2013
Description
Swedish furniture retailer Ikea intends to create around 150-200 new jobs (full and part-time) in Vilnius at the beginning of August 2013. The company is planning to open an Ikea shopping center in Vilnius that will be the first in the Baltic countries. Ikea has already hired 60 people. The company plans to invest some 47 million EUR in the location near Vilnius International Airport and 60 million EUR in other commercial facilities. For a previously announced business expansion related to Ikea see Swedwood Kazlu Rudasee-LT2013.
Sources
15 May 2013: Verslo zinios
Citation
Eurofound (2013), Ikea, Business expansion in Lithuania, factsheet number 75384, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75384.
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