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.
Danske Bank, one of the biggest financial services providers in Scandinavia, intends to create 50 new jobs in Vilnius at the beginning of 2013.
The company is setting up an operation centre in Vilnius with plans to relocate at least 50 jobs from Denmark to Vilnius. Currently 468 people are employed in the Lithuanian branch of Danske Bank. The aim of the relocation is to reduce costs.
Eurofound (2012), Danske Bank, Business expansion in Lithuania, factsheet number 74198, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74198.