Glassbee

Type
Business expansion
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Alytaus apskritis
Location of affected unit(s)
Alytus
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22.2 - Manufacture of plastic products
22.23 - Manufacture of doors and windows of plastic
100 jobs
Number of planned job creations
Job creation
Announcement Date
30 December 2021
Employment effect (start)
1 January 2022
Foreseen end date

Description

Glassbee, a Lithuanian-capital manufacturer of PVC and aluminium profile windows, is to create over 100 new jobs in Alytus in the next few years. The company plans to establish a new business centre Avilys in Alytus Industrial Park together with the support of the real estate project developer LINI group. Avilys will not only be a production complex for PVC and aluminium profile windows, doors, and modular houses but will also include relaxation areas for employees, as well as for the reception of customers and suppliers. The company plans to invest at least €10 million in the new centre.

Glassbee began its operations in Alytus in March 2020. Currently, it employs 22 people.

Sources

Citation

Eurofound (2021), Glassbee, Business expansion in Lithuania, factsheet number 106213, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106213.