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.
Administrative Services Office Administrative, Office Support And Other Business Support Activities Office Administrative And Support Activities 82.11 - Combined office administrative service activities
100 jobs Number of planned job creations
Announcement Date
10 December 2018
Employment effect (start)
1 January 2019
Foreseen end date
Description
Moody’s Corporation, an American business and financial services company, is setting up a new office in Vilnius and will create at least 100 new jobs over the next few years. Moody’s provides credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. The Vilnius branch will offer back office and human resource support services to Moody’s operations across Europe and the Middle East. Hiring of staff is expected to begin in January, 2019.
Moody’s Corporation is one of the largest financial services companies, which employs approximately 12,300 people in 42 countries. The company's revenue amounted to $4.2 billion (€3.72 billion) in 2017.
Sources
Citation
Eurofound (2018), Moody's Lithuania, Business expansion in Lithuania, factsheet number 96171, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96171.
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