Angliski mados namai

Type
Bankruptcy
Country
Lithuania
Region
Lietuva;
Location of affected unit(s)
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
14 - Manufacture of wearing apparel
14 - Manufacture of wearing apparel
102 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/90637.