Carggo

Type
Reshoring
Country
Lithuania
Reshoring from
Russian Federation
Reshored business function
R&D
Region
Lietuva; Sostinės regionas; Vilniaus apskritis
Location of affected unit(s)
Vilnius
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
65 jobs
Number of planned job creations
Job creation
Announcement Date
31 May 2018
Employment effect (start)
1 July 2018
Foreseen end date
1 December 2018

Description

Carggo is a US-based company specialised in digital platforms for logistics services. It announced the relocation of the software development centre from Moscow to Vilnius (Lithuania) during summer 2018, after opening a new local subsidiary. The Baltic country was chosen because of the availability of highly skilled technicians. The 'Invest Lithuania' agency is supporting the company in the relocation.  

Sources

Citation

Eurofound (2018), Carggo, Reshoring in Lithuania, factsheet number 69, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69.