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.
Lithuanian company Tesonet, providing cybersecurity and data intelligence services, is to create 240 new jobs in Vilnius in 2018. According to the management, the company is rapidly expanding in Lithuania. Tesonet is currently looking for data analysts, programme developers, engineers and a number of other professionals.
On 24 August, 2016 the company was restructured and divided into two companies: 360 IT and Tesonet. Currently Tesonet employs 45 employees, while 360 IT has 175 employees.
Eurofound (2017), Tesonet, Business expansion in Lithuania, factsheet number 92752, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92752.