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Vilnius market

A kitchen furniture manufacturer lays off employees

ELTA
in 2023 August 02 10:30 a.m
1 min. reading
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The closed joint-stock company "Vokė-III", engaged in the production of kitchen and other furniture, informed the Employment Service about the expected layoff of 25 employees.

The date of receipt of the notice on the expected layoff of the group's employees is July 21.

Andrejus Cyba, who has been managing the company since July, told Eltai that he is laying off employees because he sees a decreasing demand for the products he produces, mainly for export.

"So in response to that, we have to calibrate the company's cost base to match the demand we're seeing." At the moment, we have made such a decision, and depending on the market situation, we may increase or decrease the number of employees in the future", said the CEO of Vokė-III.

Since 1991 The company operating in Nemenčina, according to "Sodros", on August 1. had 103 employees, to whom the average salary paid in June was 1891,21 euros (about 1181 euros "in hand").

"Envelope-III" in 2022 has not submitted financial statements yet, and in 2021 received 6 million EUR 300 in sales revenue. euro loss.

TAGS:FurnitureNewNemenčinė
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