Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Hundreds to lose jobs after automotive factory announces closure

Aug 07, 2014
From wire reports, TALLINN

Hundreds to lose jobs after automotive factory announces closure
(photo: delfi.ee)

Hundreds of people are set to lose their jobs in Estonia after an automotive industry factory announced they would be closing later this year.

PKC Group, one of Estonia's biggest exporters  of automotive wiring systems , announced it will close its factory in Haapsalu by the end of the year, Postimees Online reports.

PKC Eesti board chairman Lauti Rohtoja explained how changes in purchase behavior were reasons behind the closure.

However, PKC Eesti continues to operate in its factory in Keila, in the vicinity of Tallinn. Up to 120 people will be offered jobs in Keila as part of restructuring plans. The Keila plant currently employs 826 peoples. 59 will lose their jobs in the factory.

"I think we have a good social system and some work is offered in Haapsalu, so we will overcome it, but this is very bad news," said Mayor of Haapsalu Urmas Sukles.

There are around 4,700 tax payers in the resort town, thus PKC's employees form around 7% of tax revenue.

PKC Eesti is part of international PKC Group and is one of the most important exporters on Estonia. The company currently employees 1,173 people in Estonia in the Keila and Haapsalu plants.

 MORE NEWS
  • Latvian man attempts to smuggl...
    A Latvian man has attempted to smuggle over 24 tons of cheese into Russia from Ukr...
  • VIDEO: Baltics must counter Ru...
    The Baltic states should counter Russian 'propaganda' with individual succ...
  • Russian troops moving towards ...
    There has been a build up of Russian troops towards the agreed ceasefire line in U...
  • Estonia backs plans for indepe...
    Estonia's government has backed plans to launch an independent Russian lang...
  • IN PICTURES: Heavy snow hits t...
    Heavy snow has landed in Estonia and Latvia today but not for long.  M...
  • Stoltenberg dismisses Kremlin’...
    Nato’s new secretary general Jens Stoltenberg has rejected the Kremlin&rs...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.