Type
Business expansion
Country
Lithuania
Region
Lietuva; Klaipedos apskritis;
Location of affected unit(s)
Klaipeda
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22 - Manufacture of rubber and plastic products

100 jobs
Number of planned job creations
Job creation
Announcement Date
20 January 2022
Employment effect (start)
1 December 2021
Foreseen end date
31 December 2022

Description

Rehau, German-capital polymer company, will create around 100 new jobs in Klaipeda in 2022. On 1 December 2021, the construction of the Rehau’s plant in the Klaipeda Free Economic Zone was officially completed. The company is already testing production processes and lines and will be fully operational in early 2022. According to the management, the number of employees could reach around 200 people in the next two years. The investments in the plant amounted to around €20 million. Currently the company employs 30 employees.

Rehau is a company known for polymer-based innovations and systems in construction, automotive and industry. The company employs approximately 20,000 employees at more than 170 locations worldwide.


Sources

Citation

Eurofound (2022), Rehau, Business expansion in Lithuania, factsheet number 106164, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106164.