EMCC European Monitoring Centre on Change

Bellus Furnitur

Company/Organisation:
Bellus Furnitur

Geographic Location

Country: Estonia
Region: Põhja-Eesti; Eesti
Location of affected unit(s): Kose

Company

Sector: Manufacturing
Other manufacturing, and repair and installation of machinery and equipment
31 - Manufacture of furniture
Number Employed: 420

Employment Effects

Announcement Date: 23-10-2012
Planned Job Reductions min: 60
Planned Job Reductions max: 60
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-12-2012
Foreseen End Date: 31-12-2012
Direct Dismissals: 60

Additional Information

Bellus Furnitur, a company manufacturing soft furniture in Estonia, announced that it will close down its smallest factory based in Kose in North-Estonia in December 2012 and make 60 of their 420 employees redundant.

The work of the factory, which produces sofa-beds, will be taken over by other factories of the company placed in Haljala and Räpina. It is reported that some of the employees may be offered relocation, in case of job openings in other factories.

The company also announced that it is not planning any other restructuring in their manufacturing in the nearer future; instead it will focus on increasing their sales in new markets, e.g. in Russia and Germany.