Type
Business expansion
Country
Estonia
Region
Eesti; Põhja-Eesti;
Location of affected unit(s)
Lagedi
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17 - Manufacture of paper and paper products

100 jobs
Number of planned job creations
Job creation
Announcement Date
20 September 2011
Employment effect (start)
Foreseen end date
30 April 2012

Description

Nefab Packaging, a packaging manufacturer, has announced the creation of around 100 new jobs at its new plant in Estonia. Nefab Packaging is the Estonian subsidiary of the Swedish Nefab Group. The new plant is to open in spring 2012 in the Lagedi industrial park. This expansion will double the current manufacturing capacity and increase the number of employees up to 200.

The company states that recent economic developments in the region and the Estonian economic climate have led to the decision of widening activities in Northern-Estonia. This includes the increasing demand in the regions that are directly serviced by the Estonian company - Estonia, Finland, Latvia, Lithuania and Russia.

However, the manufacturing volume of the whole group has been reduced in Sweden - its country of origin.


Sources

Citation

Eurofound (2011), Nefab Packaging, Business expansion in Estonia, factsheet number 72583, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72583.