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.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.9 - Manufacture of other special-purpose machinery
200 jobs Number of planned job creations
Announcement Date
2 March 2020
Employment effect (start)
30 June 2020
Foreseen end date
Description
The Finnish-capital company Metso Lithuania, one of the leading providers of rubber and poly-met mill lining in Lithuania, is to create 200 new jobs in Siauliai. The company is establishing a new manufacturing site for mining consumables wear parts in Lithuania. The new facility will start operations at the end of second quarter of 2020. The factory will employ 80 people by end of 2020. In total, 200 new jobs will be created. Currently Metso Lithuania employs 91 employees.
Metso is a world-leading industrial company providing equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. It employs over 15,000 people in more than 50 countries.
Eurofound (2020), Metso Lithuania, Business expansion in Lithuania, factsheet number 100084, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100084.
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