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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture of furniture
100 jobs Number of planned job creations
Announcement Date
4 July 2006
Employment effect (start)
1 November 2006
Foreseen end date
4 July 2009
Description
By autumn 2006, a new street furniture factory called Frog Group will be established as soon as the new factory building will be finished. The company will produce park benches, waste containers and street lamps. The second main activity will be subcontracting the projects of processing sheet steel materials. Most of the products will be exported, primarily to Finland, Sweden and Norway.
In November the new factory will create 70 jobs but the company plans to extend the production as soon as the work has started and after three years the company hopes to employ 100 persons.
Sources
5 July 2006: undefined
Citation
Eurofound (2006), Frog Group, Business expansion in Estonia, factsheet number 63746, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63746.
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