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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.11 - Research and experimental development on biotechnology
100 jobs Number of planned job creations
Announcement Date
31 May 2018
Employment effect (start)
31 May 2018
Foreseen end date
31 December 2018
Description
Thermo Fisher Scientific Baltics, the company engaged in research and experimental development on biotechnology, intends to create 100 new jobs in Vilnius by the end of 2018. Currently the company employs 819 employees in Lithuania. Thermo Fisher Scientific started its activities in Lithuania in 2010, when the company acquired a leading Lithuanian biotech company Fermentas for $260 million.
Thermo Fisher Scientific is one of the leading companies in serving science, with revenues of more than $20 billion and approximately 70,000 employees globally.
Sources
31 May 2018: Lietuvos Rytas
Citation
Eurofound (2018), Thermo Fisher Scientific Baltics, Business expansion in Lithuania, factsheet number 94280, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94280.
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