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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
260 jobs Number of planned job losses
Announcement Date
4 July 2008
Employment effect (start)
11 July 2008
Foreseen end date
Description
Delibera, the company manufacturing accessories for motor vehicles and their engines, announced its bankruptcy and its intention to dismiss the 260 employees working in Plunge in July 2008. The company was established in 2003 with the purpose of helping to fill the orders of the company Yazaki Wiring Technologies Lietuva. In July 2008 Yazaki Wiring Technologies Lietuva decided not to renew the contract with Delibera because of growing labour force expenses in Lithuania. The loss of the main contractor determined the closure of Delibera.
Sources
4 July 2008: Verslo zinios
Citation
Eurofound (2008), Delibera, Bankruptcy in Lithuania, factsheet number 66914, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66914.
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