EMCC European Monitoring Centre on Change

Jakobsen Home Co

Company/Organisation:
Jakobsen Home Co

Geographic Location

Country: Lithuania
Region: Alytaus apskritis; Lietuva
Location of affected unit(s): Alytus

Company

Sector: Manufacturing
Other manufacturing, and repair and installation of machinery and equipment
31 - Manufacture of furniture
Number Employed: 283

Employment Effects

Announcement Date: 24-08-2018
Type of Restructuring: Business expansion
Employment Effect Start: 24-08-2018
Foreseen End Date: 31-12-2019
Planned Job Creation: 50

Additional Information

Danish manufacturer of soft furniturer Jakobsen Home Co is to create at least 50 new jobs in Alytus by the end of 2019. Currently the company employs 283 employees and exports its products to European countries such as Germany, Austria, Switzerland, Sweden and others. The company is expecting to increase its market share in Germany by 80 percent in 2019 and intends to create from 50 to 100 new jobs in Alytus by the end of 2019.

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