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 62.0 - Computer programming, consultancy and related activities
50 jobs Number of planned job creations
Announcement Date
12 June 2018
Employment effect (start)
12 June 2018
Foreseen end date
31 December 2018
Description
Norwegian business software and services provider Visma intends to create at least 50 new jobs in its Vilnius software development unit Visma Lietuva by the end of 2018. Currently the company employs 318 employees. Visma Lietuva was set up in 2011 and was assigned the function of a low-cost development centre by the parent company in 2012.
Visma Lietuva belongs to Visma Group which has recently signed a letter of intent to acquire 100% of the shares of Dutch HR software company Raet. Visma Group has 6,700 employees and its net revenue amounted to €985 million in 2017.
Sources
12 June 2018: Verslo zinios
Citation
Eurofound (2018), Visma Lietuva, Business expansion in Lithuania, factsheet number 94300, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94300.
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