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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture Of Furniture
No information on job gains number available
Announcement Date
29 January 2017
Employment effect (start)
Foreseen end date
Description
Stouby Furniture is a Danish company producing furniture. In 2014, it acquired a sofa manufacturer operating in Lithuania. In 2017, the Danish company decided to concentrate all production activities in its plant in Løsning back-reshoring the sofa product line earlier manufactured in Lithuania. The main motivations for the relocation decision were: higher production quality, closeness to customers, and reduction of transportation costs and delivery times.
Eurofound (2017), Stouby Furniture, Reshoring in Denmark, factsheet number 29, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/29.
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