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The Registry Center states that on March 31, 2021, the liquidation process of the company began.
“Yazaki Wiring Technologies Lietuva” comment 15 minutes It is written that the company, like other companies, is actively seeking solutions that allow it to successfully adapt to the changing realities of the global automotive industry.
“As the pandemic severely affected the global automotive industry, the volume of orders dropped drastically, which is why our organization was forced to move series production in Klaipeda to the Mercedes-Benz company in Serbia. The transposition process was completed in 2020. in October. Orders from Volvo tractor company end in 2021. April and are no longer renewable.
These factors determined the decision to close the plant in Klaipeda. The process is scheduled to be completed in 2021. June, ”the comment reads.
According to company representatives, this was a difficult decision, which was made only after a thorough evaluation of all possible alternatives in recent months.
“We have been forced to assess our production volumes and capacities across Europe and adapt them both to current realities and to the perspective of the automotive industry.
YAZAKI will comply, in principle, with all the requirements of the labor legislation. The company will also do everything possible to ensure that all employees receive all necessary help and support during this transition period, ”it is written. 15 minutes in the comment sent.
According to Sodra, the company currently has 473 employees. The average salary of the company in March of this year amounted to 1,533.85 euros.
Last year, the company also announced layoffs of nearly 90 employees.
The company, which has been operating in Lithuania since 1993, manufactures cabling systems for Volvo trucks in Sweden, Renault trucks in France and Mercedes-Benz cars in Germany.
100 percent. The shares of the company are owned by the German company Yazaki Wiring Technologies, owned by the Japanese Yazaki Corporation.
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