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 Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles Maintenance And Repair Of Motor Vehicles 45.20 - Maintenance and repair of motor vehicles
130 jobs Number of planned job creations
Announcement Date
24 February 2014
Employment effect (start)
24 February 2014
Foreseen end date
31 December 2014
Description
FL Technics, a provider of aircraft maintenance, repair and overhaul services, is to create 130 new jobs in the maintenance base in Kaunas by the end of 2014. According to the management, the company intends to create around 600 new jobs over the next five years. Currently the company employs 120 employees. The company has already invested around 37 million LTL(around €10 million) in the maintenance centre in Kaunas. The centre was opened in Kaunas in February 2014.
Sources
24 February 2014: Vilniaus diena
24 February 2014: klaipeda diena
Citation
Eurofound (2014), FL Technics, Business expansion in Lithuania, factsheet number 76752, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76752.
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