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 ; Telšių apskritis
Location of affected unit(s)
Plunge
Sector
Manufacturing (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
111 jobs Number of planned job losses
Announcement Date
5 January 2009
Employment effect (start)
2 March 2009
Foreseen end date
28 April 2009
Description
Saprega, specialised in the project management of steel construction, production and mounting, intends to dismiss 111 employees in Plunge by the end of April. Currently the company employs 250 people. The main causes of dismissals are the unfavourable economic situation as well as the termination of the contract with Norwegian company STX Norway Floro AS.
Sources
5 January 2009: Verslo zinios
Citation
Eurofound (2009), Saprega, Internal restructuring in Lithuania, factsheet number 67987, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67987.