Restructuring events
European Restructuring Monitor (ERM)
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.
The manufacturer of solid fuel heating systems Kalvis intends to create 30 new jobs in Siauliai in 2012. Currently the company employs 279 people.
The company has been granted the financial support from the EU structural funds under the programme Invest LT-2. The programme finances investment projects aimed at building or reconstruction of industrial sites and introduction of new production facilities.
Eurofound (2012), Kalvis, Business expansion in Lithuania, factsheet number 73862, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73862.