FL Technics

Type
Business expansion
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Kauno apskritis
Location of affected unit(s)
Kaunas
Sector
Other Services
95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95.3 - Repair and maintenance of motor vehicles and motorcycles
95.31 - Repair and maintenance of motor vehicles
130 jobs
Number of planned job creations
Job creation
Announcement Date
24 February 2014
Employment effect (start)
24 February 2014
Foreseen end date
31 December 2014

Description

FL Technics, a provider of aircraft maintenance, repair and overhaul services, is to create 130 new jobs in the maintenance base in Kaunas by the end of 2014. According to the management, the company intends to create around 600 new jobs over the next five years. Currently the company employs 120 employees. The company has already invested around 37 million LTL(around €10 million) in the maintenance centre in Kaunas. The centre was opened in Kaunas in February 2014.

Sources

  • 24 February 2014: Vilniaus diena
  • 24 February 2014: klaipeda diena

Citation

Eurofound (2014), FL Technics, Business expansion in Lithuania, factsheet number 76752, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76752.