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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.23 - Manufacture of paper stationery
200 jobs Number of planned job creations
Announcement Date
16 September 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
KP Factory announced it will restart producton in the Kohila paper factory, creating about 200 new jobs. The factory was previously closed down in spring 2009 due to offshoring by the former owner, Atlanta Office Products (see also factsheet 13156).
According to the press release, KP Factory will continue manufacturing paper stationery with a larger focus on product development. The products will be sold in domestic markets as well as abroad (e.g.Scandinavian and Eastern European countries). The company also hopes to improve the labour market situation in the local region by offering new jobs.
Created in 2009, KP Factory is the subsidiary of the Estonian company Charlot, which is active in retail and wholesale trade of stationery and office products (e.g. furniture, technological equipment).
Sources
16 September 2009: Aripaev
Citation
Eurofound (2009), KP Factory, Business expansion in Estonia, factsheet number 69611, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69611.
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