Type
Business expansion
Country
Lithuania
Region
Lietuva; Kauno apskritis;
Location of affected unit(s)
Kaunas
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

164 jobs
Number of planned job creations
Job creation
Announcement Date
11 August 2017
Employment effect (start)
11 August 2017
Foreseen end date

Description

Norwegian furniture manufacturer FPI Baltic is expanding its activities in Lithuania and is to create 164 new jobs in Kaunas. According to the management, the company plans to triple the production volume and to increase the number of employees from 161 to 325. The main part of the company's production consists of non-standard and limited-edition furniture.


Sources

  • 11 August 2017: Verslo zinios

Citation

Eurofound (2017), FPI Baltic, Business expansion in Lithuania, factsheet number 91727, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91727.