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 ; Kauno apskritis
Location of affected unit(s)
Kaunas
Sector
Transportation / Storage 49 - Land transport and transport via pipelines 49.4 - Freight transport by road and removal services 49.41 - Freight transport by road
250 jobs Number of planned job creations
Announcement Date
2 February 2018
Employment effect (start)
1 May 2018
Foreseen end date
Description
German-capital freight transport company Hegelmann Transporte is to create around 250 new jobs in Kaunas region in 2018. The company will open a new logistics centre in May 2018 and a new administrative office in November 2018. The company’s investment in the expansion amounts to €20 millions. Hegelmann Transporte is also expanding its fleet: indeed, it has recently bought 1,000 new trucks. In 2017, the sales revenue of the company increased by 40% as compared to 2016 and amounted to €150 millions. Currently Hegelmann Transporte employs 863 employees in its subsidiary in Kaunas.
Sources
2 February 2018: Verslo zinios
2 February 2018: Diena.lt
Citation
Eurofound (2018), Hegelmann Transporte, Business expansion in Lithuania, factsheet number 93169, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93169.
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