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.
Bank Snoras, the fourth-largest bank in Lithuania, intends to create 100 new jobs in Vilnius, Utena and Silute by the end of 2011. Currently the company employs 1224 employees. According to management, the company's investment will total around 10 million LTL in 2011. Bank Snoras is planning to open 3 new branches in Vilnius, Silute and Utena by the end of 2011. At present the bank owns 10 regional branches, 13 branch outlets and 230 territorial units in Lithuania.
Eurofound (2011), Bank Snoras, Business expansion in Lithuania, factsheet number 71704, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71704.