Type
Closure
Country
Lithuania
Region
Lietuva; Panevezio apskritis;
Location of affected unit(s)
Kuršėnai
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.81 - Manufacture of sugar

132 jobs
Number of planned job losses
Job loss
Announcement Date
27 May 2005
Employment effect (start)
31 May 2005
Foreseen end date
30 April 2006

Description

Danisco Sugar Panevėžys, one of the largest sugar manufacturers in Lithuania, intends to close its subdivision in Kuršėnai by the end of April 2006. Šiauliai Labour Exchange has already prepared a preventive programme for 132 employees to be dismissed. The administration of the company will partially reimburse their re-training expenses.


Sources

  • 27 May 2005: Lithuanian Labour Exchange (www.ldb.lt)

Citation

Eurofound (2005), Danisco Sugar Panevėžys, Closure in Lithuania, factsheet number 61727, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61727.