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.
Lithuanian digital health and wellness company Kilo Health (Kilo Grupe) has announced that it will create about 600 jobs worldwide, including Germany and Ukraine, within the next 12 months. The company has launched new offices in Berlin (Germany) and Kyiv (Ukraine). In Ukraine, the company is to build an IT development centre, while the office in Germany will provide various services.
Operating for over eight years, Kilo Health is headquartered in Vilnius, Lithuania. The company offers a wide range of mobile apps and currently it is one of the leading digital health and wellness companies globally, employing about 600 staff.
Eurofound (2021), Kilo Health, Business expansion in World, factsheet number 105432, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105432.