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.
50 jobs Number of planned job creations
Announcement Date
15 December 2010
Employment effect (start)
3 January 2011
Foreseen end date
31 August 2011
Description
Amalva, the company engaged in the production of ventilation systems, intends to employ around 50 people in factory in Vilnius by the end of August, 2011. Currently the company employs 328 people. According to the management, additional workforce will be needed after the company will finish installations of new production equipment. The largest part of the production will be exported to Russia, Estonia, Poland and other European countries.
Sources
15 December 2010: Verslo zinios
Citation
Eurofound (2010), Amalva, Business expansion in Lithuania, factsheet number 71537, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71537.
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