Ergo Lietuva gyvybes draudimas

Type
Business expansion
Country
Lithuania
Region
Lietuva; Sostinės regionas; Vilniaus apskritis
Location of affected unit(s)
Vilnius
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
100 jobs
Number of planned job creations
Job creation
Announcement Date
11 February 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

One of the biggest life assurance companies in Lithuania Ergo Lietuva gyvybes draudimas intends to expand its activity and to create 100 new jobs by the end of the year 2009. At the moment 630 people work in the company. According to the management, three life assurance companies, operating in Lithuania, Latvia and Estonia (i.e. Ergo Lietuva gyvybės draudimas, Ergo Latvija dziviba and Ergo elukindlustuse) will be united as one single company and the headquarters will be transferred to Lithuania.

Sources

  • 11 February 2009: Verslo zinios

Citation

Eurofound (2009), Ergo Lietuva gyvybes draudimas, Business expansion in Lithuania, factsheet number 68204, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68204.