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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.21 - Service activities incidental to land transportation
443 jobs Number of planned job losses
Announcement Date
12 June 2019
Employment effect (start)
12 June 2019
Foreseen end date
Description
Gelsauga, a company providing support and security services to the Lithuanian railway company Lietuvos Geležinkeliai, is going to dismiss all 443 employees in Vilnius. Lietuvos Geležinkeliai has decided to separate security and support activities that were provided by Gelsauga. According to management, Gelsauga will be closed and the security activities will be transferred to the newly established company Saugos paslaugos. Lietuvos Geležinkeliai will buy support services from other companies that have won the tenders. Some of the current employees of Gelsauga will be transferred to the new company.
Gelsauga has been a subsidiary company of Lietuvos Geležinkeliai since 2007. It provided support services like facility management, maintenance of building systems, security and cleaning services. Gelsauga has already dismissed 555 employees at the beginning of 2019 (see previous case Gelsauga 2018 LT).
Eurofound (2019), Gelsauga, Closure in Lithuania, factsheet number 97908, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97908.
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