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 Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.5 - Retail sale of other household equipment in specialised stores
180 jobs Number of planned job creations
Announcement Date
24 November 2016
Employment effect (start)
24 November 2016
Foreseen end date
24 November 2016
Description
Latvian building materials and household goods chain Depo opened its first store in Klaipeda on 24 November 2016. Around 180 new jobs were created in the newly opened store. The company plans to open four more stores in other Lithuanian cities in 2017. The total investment in the new store in Klaipeda amounted to 27 million Euros.
Sources
24 November 2016: Verslo zinios
25 November 2016: 15min.lt
Citation
Eurofound (2016), Depo DIY LT, Business expansion in Lithuania, factsheet number 89236, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89236.
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