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.
VMG Technics- a Lithuanian company providing production, repair and engineering services- has announced to create 150 new jobs in Klaipeda by the beginning of 2024. The company is about to finish the construction of VMG Technics R&D Park and will start the recruitment phase in autumn of 2022. The new industrial innovation park is designed for developing and deploying industry automation and robotics solutions and related services. The total investment in the project will reach around €50 million; it will create over 150 new high value-added jobs, engineers first of all.
VMG Technics is a company engaged in designing and production of innovative technological equipment as well as in supervision of technical maintenance and equipment installations. The company belongs to the VMG Group and supports all the companies under the management of this group. The group includes 25 companies which employ more than 5,000 employees.
Eurofound (2022), VMG Technics, Business expansion in Lithuania, factsheet number 107025, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107025.
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