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.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.10 - Restaurants and mobile food service activities
101 jobs Number of planned job losses
Announcement Date
15 May 2018
Employment effect (start)
15 May 2018
Foreseen end date
Description
The Lithuanian company Sveikatingumo projektai that operates the chain of TakeWay restaurants will dismiss 101 employees in Vilnius and Kaunas. The main cause of the dismissals is the bankruptcy of the company. The company will close all 6 restaurants, 5 of which were operating in Vilnius and 1 in Kaunas. The company has been facing financial difficulties for some time. It tried to initiate a restructuring procedure which however failed. After this attempt, the management decided to declare a bankruptcy. The company employs 101 employees.
Sources
15 May 2018: Verslo zinios
15 May 2018: 15min.lt
Citation
Eurofound (2018), Sveikatingumo projektai, Bankruptcy in Lithuania, factsheet number 94039, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94039.
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