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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Automotive Fuel In Specialised Stores 47.30 - Retail sale of automotive fuel in specialised stores
100 jobs Number of planned job losses
Announcement Date
6 January 2016
Employment effect (start)
6 January 2016
Foreseen end date
1 April 2016
Description
Saurida, the Lithuanian company engaged in wholesale and retail trade in oil products, is to dismiss around 100 employees in different regions of the country by April 2016. According to the management, the main cause of the dismissals is a prohibition to sell alcohol at fuel stations that came into effect in Lithuania on January 1, 2016. Currently Saurida operates a network of 32 fuel stations and it employs around 450 employees.
Sources
6 January 2016: Delfi Verslas
6 January 2016: KaunoDiena.lt
Citation
Eurofound (2016), Saurida, Internal restructuring in Lithuania, factsheet number 86127, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86127.
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