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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
170 jobs Number of planned job losses
Announcement Date
3 April 2009
Employment effect (start)
1 January 2009
Foreseen end date
31 May 2009
Description
The number of employees in Durapart, in Panevezyshe, the company producing parts for motor vehicles, will be reduced in total by 170 by the end of May 2009. The company have already dismissed 72 employees since the beginning of the year 2009 and 98 additional employees people will be dismissed. The main cause for the dismissals is the decreased demand in production. All products of Durapart are exported to Sweden, Norway, Germany and Belgium.
Sources
3 April 2009: Lietuvos Rytas
Citation
Eurofound (2009), Durapart, Internal restructuring in Lithuania, factsheet number 68666, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68666.
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