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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.3 - Manufacture of other products of first processing of steel
120 jobs Number of planned job creations
Announcement Date
17 June 2014
Employment effect (start)
1 January 2015
Foreseen end date
Description
HugaasGruppen, a Norwegian company engaged in the production of prefabricated steel buildings, is to create 120 new jobs in Klaipeda at the beginning of 2015. The company is planning to establish a new manufacturing facility in Klaipeda that will produce and process various steel structures. Currently HugaasGruppen owns 17 companies in Norway and Lithuania. HugaasGruppen’s main activity includes construction of prefabricated steel buildings for industrial manufacturing, agriculture, sports and other sectors.
Sources
17 June 2014: Verslo zinios
Citation
Eurofound (2014), Hugaasgruppen, Business expansion in Lithuania, factsheet number 77233, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77233.
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