Egersund Net

Type
Business expansion
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Tauragės apskritis
Location of affected unit(s)
Taurage
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13.9 - Manufacture of other textiles
13.94 - Manufacture of cordage, rope, twine and netting
50 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/78277.