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 (10 - 11) Manufacture of food and beverage 10.1 - Processing and preserving of meat and production of meat products 10.12 - Processing and preserving of poultry meat
100 jobs Number of planned job creations
Announcement Date
23 February 2017
Employment effect (start)
1 March 2017
Foreseen end date
30 April 2017
Description
Vilniaus paukstynas, the company specialised in processing of poultry meat and belonging to Kauno grudai group, is to create 100 new jobs in Vilnius region in March-April of 2017. The company has plans to increase the production by 20 percent and has already invested around €3 million in the modernisation of production equipment. Currently the company employs 1,385 employees.
Sources
23 February 2017: Lietuvos Rytas
23 February 2017: Delfi Verslas
23 February 2017: 15min.lt
Citation
Eurofound (2017), Vilniaus paukstynas, Business expansion in Lithuania, factsheet number 90344, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90344.