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.
Norwegian business software and services provider Visma intends to create 300-500 new jobs in Vilnius by the end of 2017. Currently the company employs 30 people. According to the management, the number of employees will reach 100 people by the end of 2013, and then grow to between 300 and 500 over the next 4-5 years. Visma Lietuva was set up in 2011 and was assigned the function of a low-cost development centre by the parent company in 2012.
Eurofound (2013), Visma Lietuva, Business expansion in Lithuania, factsheet number 75511, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75511.