Company/Organisation:
Yara Lietuva
Geographic Location
Country:
Lithuania
Region:
Kauno apskritis; Lietuva
Location of affected unit(s):
Kedainiai
Company
Sector:
Manufacturing
Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
Number Employed:
140
Group:
Yara International
Employment Effects
Announcement Date:
02-12-2008
Planned Job Reductions min:
140
Type of Restructuring:
Bankruptcy/Closure
Employment Effect Start:
01-12-2008
Additional Information
Chemical company Yara Lietuva suspended its production activities on 1 December 2008. The company has announced the closure of its plant in Kedainiai with the loss 140 jobs. The main reason for the closure of the plant is decreased demand for the company’s products.
Yara Lietuva belongs to the Yara International group, which is one of the largest suppliers of mineral fertilizers in the world.
Sources:
02-12-2008Verslo zinios
MEMBER OF THE NETWORK OF EU AGENCIES
Eurofound is an agency of the European Union