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 (31) Manufacture of furniture 31 - 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://apps.eurofound.europa.eu/restructuring-events/detail/29.