Type
Business expansion
Country
Lithuania
Region
Lietuva; Siauliu apskritis;
Location of affected unit(s)
Siauliai
Sector
Manufacturing
Repair And Installation Of Machinery And Equipment
Repair And Installation Of Machinery And Equipment
33.2 - Installation of industrial machinery and equipment

140 jobs
Number of planned job creations
Job creation
Announcement Date
2 August 2013
Employment effect (start)
1 December 2013
Foreseen end date

Description

A new Lithuanian private equity company Televiza will start the production of television equipment – 140 new jobs will be created in Siauliai by the end of 2013. The investment in the production will total 20 million LTL (5.8 million EUR). The company expects to co-fund one third of the investments by EU support measure “Invest LT-2”. Televiza is planning to export its production to Ukraine, Belarus, the UK and other countries.


Sources

  • 2 August 2013: Verslo zinios

Citation

Eurofound (2013), Televiza, Business expansion in Lithuania, factsheet number 75846, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75846.