EMCC European Monitoring Centre on Change

Sakuona

Company/Organisation:
Sakuona

Geographic Location

Country: Lithuania
Region: Klaipedos apskritis; Lietuva
Location of affected unit(s): Klaipeda

Company

Sector: Manufacturing
Other manufacturing, and repair and installation of machinery and equipment
31.0 - Manufacture of furniture
Number Employed: 636
Group: Vakaru medienos grupe

Employment Effects

Announcement Date: 06-01-2014
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2014
Planned Job Creation: 270

Additional Information

Furniture manufacturer Sakuona intends to create 270 new jobs in Klaipeda region in 2014. Sakuona has signed a contract with IKEA, according to which it will produce chairs for the furniture retailer.

The investments in the equipment will total LTL 17 million (EUR 5 million) and the production of chairs will start in 2014.