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 Wearing Apparel 14.1 - Manufacture of wearing apparel, except fur apparel
102 jobs Number of planned job losses
Announcement Date
20 March 2017
Employment effect (start)
20 March 2017
Foreseen end date
Description
Lithuanian company Angliski mados namai engaged in manufacturing of clothes will dismiss 102 employees in different Lithuanian regions (Kaunas, Klaipeda, Naujoji Akmene, etc.). The main cause of the dismissals is the bankruptcy of the company that was announced by the Department of Enterprise Bankruptcy Management under the Ministry of Economy of the Republic of Lithuania on 22 February 2017. The company is currently undergoing bankruptcy procedures and has already handed out layoff notices to 102 employees. The Lithuanian Labour Exchange will develop a special prevention program for the dismissed employees to facilitate their integration in the labour market.
Sources
21 March 2017: Lithuanian Labour Exchange
Citation
Eurofound (2017), Angliski mados namai, Bankruptcy in Lithuania, factsheet number 90637, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90637.
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