Type
Business expansion
Country
Lithuania
Region
Lietuva;
Location of affected unit(s)
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Postal And Courier Activities
53 - Postal and courier activities

100 jobs
Number of planned job creations
Job creation
Announcement Date
4 October 2012
Employment effect (start)
4 October 2012
Foreseen end date

Description

Lietuvos Pastas, the national provider of universal postal services in Lithuania, intends to create 100 jobs in different Lithuanian regions.

The company is planning to buy the retail banking kiosks of the collapsed bank Snoras (see Snoras' case here). According to the management, Lietuvos Pastas intends to use Snoras’ retail chain which includes 220 mini-banks for the provision of financial services. The first mini-banks of Lietuvos Pastas should be opened at the end of 2012.

Currently the company employs around 6,361 employees. 


Sources

  • 4 October 2012: Verslo zinios

Citation

Eurofound (2012), Lietuvos pastas, Business expansion in Lithuania, factsheet number 74273, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74273.