Swedbank

Type
Business expansion
Country
Lithuania
Region
Lietuva; Sostinės regionas; Vilniaus apskritis
Location of affected unit(s)
Vilnius
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
100 jobs
Number of planned job creations
Job creation
Announcement Date
25 February 2013
Employment effect (start)
1 May 2013
Foreseen end date
31 December 2013

Description

Swedish bank Swedbank has announced its intention to establish a competence centre in Vilnius where 100 new jobs will be created by the end of 2013.

According to the management, the newly established centre is designed to be a IT competence centre of excellence for the development and maintenance of the IT structure using cross-border experience.

Currently, Swedbank employs around 2,200 people in Lithuania at 82 branches, providing services to corporate and private clients.

Sources

  • 25 February 2013: Verslo zinios

Citation

Eurofound (2013), Swedbank, Business expansion in Lithuania, factsheet number 74996, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74996.