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.
Telecommunications company Telia Lietuva is to create around 400 new jobs in its Service Centre in Vilnius by the end of 2018. The company will mostly hire IT professionals. On 1st February 2017, Teo, Omnitel and Baltic Data Center merged into one legal entity under the name Telia Lietuva. Currently Telia Lietuva employs 2,204 employees. Telia Lietuva is part of an international Telia Company Group operating in Nordic and Baltic countries. Since 1992, Telia has already invested more than €1.4 billion in the development of telecommunications in Lithuania.
Eurofound (2018), Telia Lietuva , Business expansion in Lithuania, factsheet number 94038, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94038.