Restructuring events
European Restructuring Monitor (ERM)
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.
Klaipedos smelte, a cargo handling company in the port of Klaipeda, intends to create at least 150 new jobs in Klaipeda by the end of 2019. Currently the company employs 280 employees. Klaipedos smelte is managed by the international shipping company Mediterranean Shipping Company which has recently announced its decision to start transshipment in Klaipeda. After such a decision, Klaipedos smelte will become a global container handling port. According to the management, the number of employees will grow by 70-80 in 2018, and by the end of 2019, the total number of employees in Klaipedos smelte should reach 430.
Eurofound (2018), Klaipedos smelte, Business expansion in Lithuania, factsheet number 94422, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94422.