Type
Internal restructuring
Country
Lithuania
Region
Lietuva; Telsiu apskritis;
Location of affected unit(s)
Plunge
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

111 jobs
Number of planned job losses
Job loss
Announcement Date
5 January 2009
Employment effect (start)
2 March 2009
Foreseen end date
28 April 2009

Description

Saprega, specialised in the project management of steel construction, production and mounting, intends to dismiss 111 employees in Plunge by the end of April. Currently the company employs 250 people. The main causes of dismissalsĀ are theĀ unfavourable economic situation as well as the termination of the contract with Norwegian company STX Norway Floro AS.


Sources

  • 5 January 2009: Verslo zinios

Citation

Eurofound (2009), Saprega, Internal restructuring in Lithuania, factsheet number 67987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67987.