Internal restructuring
Eesti; Põhja-Eesti;
Location of affected unit(s)
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.2 - Weaving of textiles

150 jobs
Number of planned job losses
Job loss
Announcement Date
13 October 2005
Employment effect (start)
1 October 2005
Foreseen end date


Since 2003, the cotton spinning factory Baltex 2000 is facing economic difficulties. In the middle of October 2005, the management sent workers to forced vacation for three months. The management of Baltex 2000 announced that they need to improve the machinery and to concentrate their activities in the future to the production of high-quality textile. During the restructuring process the number of workers will diminish from 600 to 450. After the management’s announcement of restructuring at the end of September 2005, workers who are able to find a new job are quitting voluntarily instead of waiting their dismissal. By mid-October more than 80 workers have left company on a voluntary basis.


  • 13 October 2005: Postimees
  • 18 October 2005: Aripaev


Eurofound (2005), Baltex 2000, Internal restructuring in Estonia, factsheet number 62488, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62488.