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.
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Telšių apskritis
Location of affected unit(s)
Mazeikiai
Sector
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.2 - Manufacture of refractory products 23.20 - Manufacture of refractory products
166 jobs Number of planned job losses
Announcement Date
15 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
1 February 2010
Description
Orlen Lietuva, the Baltic oil refinery controlled by Poland's oil concern PKN Orlen, aims to eliminate its maintenance shop and dismiss 166 employees in Mazeikiai until 1 February, 2010. According to the management the dismissals were part of ongoing restructuring of the company aimed at disposal of non-core activities. At present 2,460 employees are employed in Orlen Lietuva.
Sources
16 September 2009: Orlen Lietuva website
Citation
Eurofound (2009), Orlen Lietuva, Internal restructuring in Lithuania, factsheet number 69815, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69815.