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.