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.
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Marijampolės apskritis
Location of affected unit(s)
Marijampole
Sector
Manufacturing (24 - 25) Manufacture of metals 25.1 - Manufacture of structural metal products 25.12 - Manufacture of doors and windows of metal
300 jobs Number of planned job creations
Announcement Date
19 May 2017
Employment effect (start)
1 December 2017
Foreseen end date
Description
Danish capital company DOV investicija engaged in manufacturing of doors and windows is to create 300 new jobs in Marijampole by the end of 2017. In December 2017 the company will launch a new manufacturing plant in Marijampole free economic zone leading to the creation of 300 new jobs. Under the investment agreement, the company intends to invest around €100 million in the new production facilities and to create around 1,000 new jobs in Marijampole over the next ten years.
DOV investicija belongs to the DOVISTA Group which consists of 10 independent brands, and it has a total of 4,000 employees in Denmark, Norway, Sweden, Great Britain, Germany, Ireland and Poland.
Sources
19 May 2017: Verslo zinios
Citation
Eurofound (2017), DOV investicija, Business expansion in Lithuania, factsheet number 90988, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90988.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...