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.
Evolution, a Swedish technology company listed on Nasdaq Stockholm, announced the opening of a new office in Vilnius that will employ up to 1 200 staff. The Lithuanian site will host modern streaming studios as well as administrative and operational units. This expansion follows Evolution’s existing presence in Kaunas where nearly 1 000 employees currently work. By adding the Vilnius hub, the company seeks to strengthen its global business network with services used by clients in about 20 markets worldwide. The move reflects Evolution’s strategy of scaling operations within Lithuania and expanding its footprint across Europe.
Eurofound (2026), Evolution, Business expansion in Lithuania, factsheet number 300735, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300735.