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.
Lietuva; Vidurio ir vakarų Lietuvos regionas; Vilniaus apskritis
Location of affected unit(s)
Girsa
Sector
Transportation / Storage 52 - Warehousing, storage and support activities for transportation 52 - Warehousing, storage and support activities for transportation 52 - Warehousing, storage and support activities for transportation
120 jobs Number of planned job losses
Announcement Date
5 October 2005
Employment effect (start)
5 October 2005
Foreseen end date
30 November 2005
Description
Following debts due to SODRA (national social insurance fund) bankruptcy was announced at Girsa, a company engaged in cargo handling and storage and located in Klaipėda. In October 2005 Girsa fired 10 employees. The remaining employees (110) will be dismissed when bankruptcy management company Klaipedos administratoriu biuras will e done collecting all the required information.
Sources
11 November 2005: Lithuanian Labour Exchange (www.ldb.lt)
Citation
Eurofound (2005), Girsa, Bankruptcy in Lithuania, factsheet number 62495, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62495.
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