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.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.23 - Manufacture of builders’ ware of plastic
100 jobs Number of planned job creations
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.
Eurofound (2021), Glassbee, Business expansion in Lithuania, factsheet number 106213, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106213.
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