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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
70 jobs Number of planned job losses
Announcement Date
15 May 2009
Employment effect (start)
4 May 2009
Foreseen end date
3 July 2009
Description
Kauno energijos remontas intends to dismiss 70 employees by 3 July, 2009 in Kaunas. The company is engaged in repair and installation of energetic, water heating and utilization boilers as well as production of machinery for power equipment. At present Kauno energijos remontas employs 353 people. The main cause of the dismissals is decreased demand for the company's production.
Sources
15 May 2009: Lietuvos Rytas
Citation
Eurofound (2009), Kauno energetikos remontas, Internal restructuring in Lithuania, factsheet number 69020, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69020.
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