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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.94 - Manufacture of cordage, rope, twine and netting
50 jobs Number of planned job creations
Announcement Date
6 February 2015
Employment effect (start)
2 March 2015
Foreseen end date
31 May 2015
Description
The Norwegian company Egersund Net, which belongs to Egersund Group, is one of Europe’s leading manufacturers of seine nets and services for the aquaculture industry. The company, which currently employs 250 workers, is going to open a new factory in Taurage where 50 workers will be employed by the end of May 2015. Egersund Group was founded in 1952 and has subsidiaries in Iceland, Norway, Lithuania, and Turkey.
Sources
6 February 2015: Verslo zinios
Citation
Eurofound (2015), Egersund Net, Business expansion in Lithuania, factsheet number 78277, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78277.
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