Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

50 jobs
Number of planned job creations
Job creation
Announcement Date
14 September 2012
Employment effect (start)
1 December 2012
Foreseen end date

Description

Danske Bank, one of the biggest financial services providers in Scandinavia, intends to create 50 new jobs in Vilnius at the beginning of 2013.

The company is setting up an operation centre in Vilnius with plans to relocate at least 50 jobs from Denmark to Vilnius. Currently 468 people are employed in the Lithuanian branch of Danske Bank. The aim of the relocation is to reduce costs.


Sources

  • 13 September 2012: Verslo zinios

Citation

Eurofound (2012), Danske Bank, Business expansion in Lithuania, factsheet number 74198, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74198.