Type
Business expansion
Country
Lithuania
Region
Lietuva; Kauno apskritis;
Location of affected unit(s)
Kaunas
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.41 - Freight transport by road

250 jobs
Number of planned job creations
Job creation
Announcement Date
2 February 2018
Employment effect (start)
1 May 2018
Foreseen end date

Description

German-capital freight transport company Hegelmann Transporte is to create around 250 new jobs in Kaunas region in 2018. The company will open a new logistics centre in May 2018 and a new administrative office in November 2018. The company’s investment in the expansion amounts to €20 millions. Hegelmann Transporte is also expanding its fleet: indeed, it has recently bought 1,000 new trucks. In 2017, the sales revenue of the company increased by 40% as compared to 2016 and amounted to €150 millions. Currently Hegelmann Transporte employs 863 employees in its subsidiary in Kaunas.


Sources

  • 2 February 2018: Verslo zinios
  • 2 February 2018: Diena.lt

Citation

Eurofound (2018), Hegelmann Transporte, Business expansion in Lithuania, factsheet number 93169, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93169.