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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
280 jobs Number of planned job creations
Announcement Date
27 October 2016
Employment effect (start)
27 October 2016
Foreseen end date
Description
The US company Devbridge LT engaged in software development intends to create 280 new jobs in its offices in Vilnius and Kaunas. The company is rapidly expanding in Lithuania and moving to its new offices in Vilnius and Kaunas. Currently the company employs 150 employees. According to the management, the number of employees in Vilnius office will grow from 50 to 130 and in Kaunas from 100 to 300 employees.
Sources
27 October 2016: Lietuvos Rytas
27 October 2016: Verslo zinios
Citation
Eurofound (2016), Devbridge LT, Business expansion in Lithuania, factsheet number 89001, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89001.
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