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.
Ryterna modul, a Kaunas-based manufacturer of modular buildings, containers, and mobile structures, is laying off 130 employees - almost 60% of its total workforce of 222 employees. The lay-offs affect: assemblers (68), welders (14), warehouse workers (8), electricians (7), painters (4), fitters (4), and production foremen (4).
According to the company manager, the layoffs are due to changes in the business model and market conditions. He said that until now, the company produced a wide range of products, focusing on both individual and business orders. However, it has now been decided to focus solely on business customer orders and to standardise the products manufactured.
The company informed the Public Employment Service about the layoffs on January 15, 2026. It is planned that from January 19 to the end of April.
Eurofound (2026), Ryterna modul, Internal restructuring in Lithuania, factsheet number 203994, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203994.
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