Type
Business expansion
Country
Lithuania
Region
Lietuva; Alytaus apskritis;
Location of affected unit(s)
Alytus
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

50 jobs
Number of planned job creations
Job creation
Announcement Date
24 August 2018
Employment effect (start)
24 August 2018
Foreseen end date
31 December 2019

Description

Danish manufacturer of soft furniturer Jakobsen Home Co is to create at least 50 new jobs in Alytus by the end of 2019. Currently the company employs 283 employees and exports its products to European countries such as Germany, Austria, Switzerland, Sweden and others. The company is expecting to increase its market share in Germany by 80 percent in 2019 and intends to create from 50 to 100 new jobs in Alytus by the end of 2019.


Sources

Citation

Eurofound (2018), Jakobsen Home Co, Business expansion in Lithuania, factsheet number 94776, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94776.