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.
Danske Bank, one of the biggest Scandinavian financial services providers, intends to create around 400 new jobs in their Global service centre and IT centre in Vilnius by the end of 2019. The company is rapidly expanding in Lithuania. In 2018, the company created around 500 new jobs and the number of employees in their service centres increased from 2,500 to 3,000. The company mostly hired operations specialists, senior operations specialists, as well as software developers, testers, business analysts and others. The company currently employs 3,095 employees in Lithuania.
Danske Bank operates in 16 different countries and serves more than 3.4 million personal, business and institutional customers.
Update 20/03/2019:On 22 February 2019 Danske Bank announced that it will create 600 new jobs instead of 400 jobs in their Global service centre and IT service centre in 2019.
Eurofound (2019), Danske Bank, Business expansion in Lithuania, factsheet number 96392, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96392.