Restructuring events
European Restructuring Monitor (ERM)
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.
Biovela-Utenos Mesa, one of the largest Lithuania’s companies in meat processing, is to create 100 new jobs in Utena. Following the outbreak of the Russian military actions, the company announced that it was ready to employ people from the Ukraine who had to leave their country because of the war. The company has already employed 55 Ukrainians and is ready to employ 100 more. It is looking for production workers, operators, managers, and other skilled workers. Biovela is supporting Ukraine in war: it has delivered 20 tonnes of canned meat to soldiers and citizens fighting in the country.
Biovela-Utenos Mesa is one of the largest meat manufacturers in Central Europe and employs 970 people in Lithuania. It belongs to the Biovela Group. The Group owns three brands: Biovela, Utenos mesa and Taurages maistas. The annual turnover of the Group is 177 million euros and the production amounts to approximately 67,000 tons of meat and its products per year.. The Biovela Group currently employs around 1,300 employees.
Eurofound (2022), Biovela-Utenos Mesa, Business expansion in Lithuania, factsheet number 106529, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106529.