Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Information / Communication
Information Service Activities
Information Service Activities
63.9 - Other information service activities

150 jobs
Number of planned job creations
Job creation
Announcement Date
3 September 2015
Employment effect (start)
3 September 2015
Foreseen end date
31 December 2016

Description

Revel Systems, the US award-winning iPad Point of Sale (POS) platform company, is to create around 150 new jobs in its newly set up IT division in Vilnius. The new office in Vilnius was officially opened on September 3, 2015. According to the management, around 50 jobs will be created by the end of 2015, the rest in 2016. Currently the Lithuanian office employs 9 employees. The division in Vilnius is focused on product distribution and regional customer support across Europe.


Sources

  • 3 September 2015: Verslo zinios
  • 7 September 2015: Delfi Verslas

Citation

Eurofound (2015), Revel Systems, Business expansion in Lithuania, factsheet number 84661, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84661.