Restructuring events
European Restructuring Monitor (ERM)
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.
Yara Lietuva, a Norwegian fertilizer company, will create 130 new jobs in Vilnius until the end of 2022. The company has announced to set a financial operations hub in its European Business Services centre in Vilnius. The company will be looking for employees with a financial background. Currently the European Business Services centre in Vilnius employs 360 employees.
Yara Lietuva was opened in Vilnius in 2018 and it is a branch of the Norwegian company Yara International which is a global company specializing in agricultural products and environmental protection agents. Currently Yara Lietuva provides end-to-end logistics services to Yara's international branches in Europe. It also supports the company globally with data analytics and Business Intelligence solutions.
Eurofound (2021), Yara Lietuva, Business expansion in Lithuania, factsheet number 106258, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106258.