Type
Internal restructuring
Country
Lithuania
Region
Lietuva; Panevezio apskritis;
Location of affected unit(s)
Panevezys
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

50 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67968.