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.
Vinted, the clothing exchange and sale platform, intends to create 100 new jobs in Vilnius by the end of 2020. Vinted is a Lithuanian startup offering an online marketplace where users can sell, buy and swap second-hand clothing. Currently, the company employs 500 employees. In 2019, the company attracted €128 million venture capital investment and became Lithuania's first startup company valued at over €1 billion. Recently the company has moved to a new office and plans to further expand in the following 1-2 years. The company is currently looking for engineers, technology experts, as well as customer service and other specialists. With its headquarters in Vilnius, the company also has offices in San Francisco, Munich, Paris, Warsaw, and Prague.
Eurofound (2020), Vinted, Business expansion in Lithuania, factsheet number 101929, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101929.