Delibera

Type
Bankruptcy
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Telšių apskritis
Location of affected unit(s)
Plunge
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
260 jobs
Number of planned job losses
Job loss
Announcement Date
4 July 2008
Employment effect (start)
11 July 2008
Foreseen end date

Description

Delibera, the company manufacturing accessories for motor vehicles and their engines, announced its bankruptcy and its intention to dismiss the 260 employees working in Plunge in July 2008. The company was established in 2003 with the purpose of helping to fill the orders of the company Yazaki Wiring Technologies Lietuva. In July 2008 Yazaki Wiring Technologies Lietuva decided not to renew the contract with Delibera because of growing labour force expenses in Lithuania. The loss of the main contractor determined the closure of Delibera.

Sources

  • 4 July 2008: Verslo zinios

Citation

Eurofound (2008), Delibera, Bankruptcy in Lithuania, factsheet number 66914, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66914.