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 ; Klaipėdos apskritis
Location of affected unit(s)
Klaipeda
Sector
Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
37 jobs Number of planned job creations
Announcement Date
8 December 2005
Employment effect (start)
8 December 2005
Foreseen end date
Description
Levuo, a Lithuanian clothing retailer, opened 5 new stores in Klaipėda at the beginning of December 2005. The company started the implementation of its development strategy in 2004 and intends to continue it in 2006. According to the administration, new 37 workers will be employed in newly opened stores.
Sources
12 December 2005: Verslo zinios
Citation
Eurofound (2005), Levuo, Business expansion in Lithuania, factsheet number 62668, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62668.
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