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.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.1 - Restaurants and mobile food service activities
110 jobs Number of planned job creations
Announcement Date
22 November 2017
Employment effect (start)
22 November 2017
Foreseen end date
31 December 2017
Description
A Maltese company Premier Capital that operates McDonald's restaurants in the Baltic States opened a new restaurant in Kaunas on 22 November 2017 and created 60 new jobs. Another 50 jobs will be created in Vilnius by the end of 2017.
Premier Capital currently operates 138 McDonald's restaurants in Malta, the Baltic States, Greece and Romania. The company plans to open 33 new restaurants in all of these countries investing about €90 million by 2020. Currently 13 restaurants employing 786 people are operating in Lithuania. Premier Capital has acquired the McDonald's restaurant chains in Latvia, Lithuania and Estonia in 2007.
Sources
22 November 2017: Verslo zinios
Citation
Eurofound (2017), Premier Capital, Business expansion in Lithuania, factsheet number 92600, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92600.
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