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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.19 - Other monetary intermediation
400 jobs Number of planned job creations
Announcement Date
21 February 2018
Employment effect (start)
21 February 2018
Foreseen end date
31 December 2018
Description
Danske Bank, one of the biggest Scandinavian financial services providers, intends to create more than 200 new jobs in its Global service centre in Vilnius by the end of 2018. The company moved to the new office on 7 February 2018 and plans to increase its team to 2,800 employees in 2018. The company is rapidly expanding in Lithuania, since the beginning of 2018, the company has already created 85 jobs.
Danske Bank operates in 16 different countries and serves more than 3.4 million personal, business and institutional customers. The company currently employs 2,623 employees in Lithuania.
Update 21/02/2018 : the bank announced that it is going to hire 200 more employees during 2018.
Sources
21 February 2018: Verslo zinios
7 February 2018: 15min.lt
7 February 2018: Lietuvos Rytas
Citation
Eurofound (2018), Danske Bank, Business expansion in Lithuania, factsheet number 93207, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93207.