A bankrupt stitching firm lays off all its workers – it had no work in any respect in February and March

by times news cr

2024-06-07 16:15:18

Based on the service, a lot of the 21 employees being laid off are tailors, their firm employed 13, hand ironers – 3, and tailors and associated employees – 3.

Ilona Gudinienė, director of Baltic Stitching Firm, informed the Elta information company that the corporate has been going through difficulties for a number of years as a result of COVID-19 pandemic, the conflict in Ukraine and inflation.

“The explanations are a lower within the variety of orders. First there was the pandemic, then the conflict in Ukraine, elevated costs – we’re speaking about gasoline and electrical energy costs. The minimal month-to-month wage has additionally elevated, and it’s anticipated to extend subsequent yr as properly. We simply cannot sustain,” I. Gudinienė replied to “Elta”.

“We had no work in any respect in February and March, there was nowhere to get orders from,” she added.

Based on the info of the Register Heart, the web revenue of “Baltic Stitching Firm” in 2023 amounted to three.5 thousand euros, and in 2022 the loss was about 8 thousand. euros. The corporate’s debt to Sodra on the finish of April amounted to 16.7 thousand. euros.

The corporate has been working in Lithuania since 2010.

The Molėtai stitching firm “Gitolita” additionally introduced that it was shedding most of its workers – 32 out of 35. Based on the Employment Service, essentially the most layoffs are stitching machine operators – 18 and packers – 7.

Based on representatives of Gitolitos, the corporate is ceasing operations. Based on them, like many different tailors, the corporate confronted an absence of demand and elevated manufacturing prices. “The corporate is solely terminating its operations in response to the shareholders’ resolution,” the corporate’s consultant informed “Elta”.

“All stitching outlets are closing in the intervening time. It is simply that the value of merchandise has turn out to be very excessive, prospects do not pay such cash anymore, and we now have turn out to be too costly for international prospects as properly,” she defined.

Based on the info of the Register Heart, the lack of “Gitolita” in 2023 amounted to 113 euros, and in 2022 – about 25 thousand euros. The corporate has no money owed to Sodra.

The corporate has been working in Lithuania since 1993.

2024-06-07 16:15:18

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