EMCC European Monitoring Centre on Change

VMG Technics

Company/Organisation:
VMG Technics

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
33 - Repair and installation of machinery and equipment
Number Employed: 105
Group: VMG Group

Employment Effects

Announcement Date: 23-06-2022
Type of Restructuring: Business expansion
Employment Effect Start: 01-09-2022
Foreseen End Date: 01-03-2024
Planned Job Creation: 150

Additional Information

VMG Technics- a Lithuanian company providing production, repair and engineering services- has announced to create 150 new jobs in Klaipeda by the beginning of 2024. The company is about to finish the construction of VMG Technics R&D Park and will start the recruitment phase in autumn of 2022. The new industrial innovation park is designed for developing and deploying industry automation and robotics solutions and related services. The total investment in the project will reach around €50 million; it will create over 150 new high value-added jobs, engineers first of all.

VMG Technics is a company engaged in designing and production of innovative technological equipment as well as in supervision of technical maintenance and equipment installations. The company belongs to the VMG Group and supports all the companies under the management of this group. The group includes 25 companies which employ more than 5,000 employees.

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