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 ; Klaipėdos apskritis
Location of affected unit(s)
Klaipeda
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
400 jobs Number of planned job creations
Announcement Date
29 September 2017
Employment effect (start)
29 September 2017
Foreseen end date
Description
Japanese-owned Yazaki Wiring Technologies Lietuva, which produces bunched cables for the automotive industry, is to create 400 new jobs in Klaipeda. The company is located in the Klaipeda free economic zone and currently employs 1,062 employees. Yazaki Wiring Technologies Lietuva plans to employ 400 new production workers and professionals who will produce wiring sets for Daimler‘s Mercedes-Benz cars.
Yazaki Wiring Technologies is a world-leading manufacturer of cable equipment for some leading brands such as BMW, Opel, Mercedes-Benz as well as many Japanese and Korean car manufacturers.
Sources
29 September 2017: Verslo zinios
Citation
Eurofound (2017), Yazaki Wiring Technologies Lietuva, Business expansion in Lithuania, factsheet number 92185, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92185.