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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
100 jobs Number of planned job creations
Announcement Date
17 October 2020
Employment effect (start)
17 October 2020
Foreseen end date
31 December 2020
Description
Lithuanian-capital online retailer Pigu.lt selling consumer products via Internet is to create around 100 new jobs in Vilnius in 2020. According to the management, in 2020, due to COVID-19 sales increased on average by 40% as compared to 2019. The company has already increased the number of employees in April 2020 (when the quarantine was announced in Lithuania) and currently is looking for 100 more employees. Currently Pigu employs 486 employees in Lithuania.
The Pigu Group owns the online shopping centres Pigu.lt in Lithuania, 220.lv in Latvia and Kaup24.ee in Estonia and is the largest online shopping company in the Baltic States. The company offers nearly 140,000 consumer products, including household appliances, electronics, beauty and fashion, children goods, sports and other goods.
Eurofound (2020), Pigu, Business expansion in Lithuania, factsheet number 102112, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102112.
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