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 ; Panevėžio apskritis
Location of affected unit(s)
Panevezys
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
50 jobs Number of planned job losses
Announcement Date
15 December 2008
Employment effect (start)
15 December 2008
Foreseen end date
22 December 2008
Description
Schmitz Cargobull Baltic, the company producing trailers and semi-trailers, dismissed 50 employees in Panevezys on 22 December, 2008. At present the company employs 300 people. Schmitz Cargobull Baltic operates as a branch company of the Schmitz group, which is based in Germany. The main cause of the dismissals was decreased company's sales.
Sources
15 December 2008: Lietuvos Rytas
Citation
Eurofound (2008), Schmitz Cargobull Baltic, Internal restructuring in Lithuania, factsheet number 67968, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67968.
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