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
150 jobs Number of planned job creations
Announcement Date
2 December 2016
Employment effect (start)
1 January 2017
Foreseen end date
31 December 2018
Description
The US software engineering company Exadel has moved to its new office in Vilnius where it will create around 150 new jobs in 2017-2018. Currently the company employs 50 employees. According to the management, the number of employees is expected to grow from 50 to 100-120 in 2017 and to 200 in 2018.
Exadel is a software engineering company that offers custom development services in North America and Eastern Europe. The company has also offices in the USA, Poland, Germany, Russia, Ukraine and Belarus.
Sources
2 December 2016: Verslo zinios
2 December 2016: 15min.lt
Citation
Eurofound (2016), Exadel , Business expansion in Lithuania, factsheet number 89313, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89313.
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