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.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.79 - Retail sale of second-hand goods
163 jobs Number of planned job creations
Announcement Date
29 August 2018
Employment effect (start)
29 August 2018
Foreseen end date
28 August 2021
Description
Vinted, a Lithuanian startup offering an online marketplace where users can sell, buy and swap second-hand clothing, intends to create around 163 new jobs in Vilnius by the end of 2021. According to the management, the company has attracted €50 million venture capital investment and intends to double the number of employees in the following 2-3 years. Currently Vinted employs 163 employees. With its headquarters in Vilnius, the company also has offices in San Francisco, Munich, Paris, Warsaw, and Prague.
Sources
Citation
Eurofound (2018), Vinted, Business expansion in Lithuania, factsheet number 94795, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94795.
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