EMCC European Monitoring Centre on Change

PKC Group Lithuania

Company/Organisation:
PKC Group Lithuania

Geographic Location

Country: Lithuania
Region: Panevezio apskritis; Lietuva
Location of affected unit(s): Panevezys

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Group: PKC Group

Employment Effects

Announcement Date: 03-06-2014
Type of Restructuring: Business expansion
Employment Effect Start: 03-06-2014
Planned Job Creation: 320

Additional Information

The Finnish company PKC Group, engaged in the production of wiring and electronics systems for commercial vehicles, is to create 320 new jobs in Panevezys. The company opened a new wiring systems plant in Panevezys on June 1, 2014 that will produce electrical distribution systems for different brands of heavy vehicles. Most of the production will be exported to Scandinavian countries. PKC Group has its branches operating in 11 different countries in the world including Brazil, China and Germany.