The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
100 jobs Number of planned job creations
Announcement Date
14 May 2020
Employment effect (start)
14 May 2020
Foreseen end date
14 May 2023
Description
The US company CAST AI engaged in the developement of cloud computing solutions is to create 100 new jobs in Vilnius by May 2023. The company has announced the establishment of a new development office in Lithuania. The number of employees is Vilnius expected to reach 100 in the next three years. The Vilnius-based office will be the only hub of the company outside of US. CAST AI was founded in 2019 and is headquartered in Florida.
Eurofound (2020), CAST AI, Business expansion in Lithuania, factsheet number 100782, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100782.
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