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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.12 - Manufacture of doors and windows of metal
300 jobs Number of planned job creations
Announcement Date
19 May 2017
Employment effect (start)
1 December 2017
Foreseen end date
Description
Danish capital company DOV investicija engaged in manufacturing of doors and windows is to create 300 new jobs in Marijampole by the end of 2017. In December 2017 the company will launch a new manufacturing plant in Marijampole free economic zone leading to the creation of 300 new jobs. Under the investment agreement, the company intends to invest around €100 million in the new production facilities and to create around 1,000 new jobs in Marijampole over the next ten years.
DOV investicija belongs to the DOVISTA Group which consists of 10 independent brands, and it has a total of 4,000 employees in Denmark, Norway, Sweden, Great Britain, Germany, Ireland and Poland.
Sources
19 May 2017: Verslo zinios
Citation
Eurofound (2017), DOV investicija, Business expansion in Lithuania, factsheet number 90988, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90988.
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