EMCC European Monitoring Centre on Change

Amber Food

Company/Organisation:
Amber Food

Geographic Location

Country: Lithuania
Region: Kauno apskritis; Lietuva
Location of affected unit(s): Kaunas

Company

Sector: Hotel / restaurants
Accomodation and food service activities
56.1 - Restaurants and mobile food service activities
Number Employed: 1112
Group: Amber Food

Employment Effects

Announcement Date: 30-03-2020
Planned Job Reductions min: 157
Type of Restructuring: Internal restructuring
Employment Effect Start: 20-02-2020
Direct Dismissals: 157

Additional Information

Restaurant chain Amber Food dismissed around 157 employees in Kaunas in the period from 20 February 2020 to 30 March 2020. The main cause of the dismissals is the quarantine regime in Lithuania. To control the spread of coronavirus (COVID-19), the Lithuanian Government declared quarantine on the entire territory of the Republic of Lithuania as of 16 March 2020.

Earlier in January 2020, the company announced that consolidated turnover of the Amber Food Group reached €37 million in 2019, that is 10% higher compared to the previous year. The company had plans to invest €1.8 million and to open 9 new restaurants in Lithuania in 2020.  

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