Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Information / Communication
Information Service Activities
Information Service Activities
63 - Information service activities

100 jobs
Number of planned job creations
Job creation
Announcement Date
9 June 2009
Employment effect (start)
1 August 2009
Foreseen end date
31 December 2010

Description

TheĀ global financial service provider Barclays is to set up a new IT centre in Vilnius at the end of September 2009. Initially the centre will employ about 100 local and foreign experts, and the workforce will grow to 250-300 by the end of 2010. The bank will invest 49.2 million EUR into the centre, which will provide IT services to the bank and its group.


Sources

  • 11 June 2009: Verslo zinios

Citation

Eurofound (2009), Barclays, Business expansion in Lithuania, factsheet number 69176, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69176.