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 ; Alytaus apskritis
Location of affected unit(s)
Alytus
Sector
Manufacturing (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
320 jobs Number of planned job creations
Announcement Date
29 March 2006
Employment effect (start)
28 April 2006
Foreseen end date
29 December 2006
Description
Sofa Brands, furniture manufacturer in Alytus, which belongs to one of the biggest UK furniture producers, Christie-Tyler, intends to expand its production in 2006. The company employs 280 workers at the moment and the number of employees is planned to reach 600 by the end of 2006. The entire production of the company is exported to the UK.
Sources
29 March 2006: Verslo zinios
Citation
Eurofound (2006), Sofa Brands, Business expansion in Lithuania, factsheet number 63265, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63265.
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