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

200 jobs
Number of planned job creations
Job creation
Announcement Date
14 March 2016
Employment effect (start)
14 March 2016
Foreseen end date
14 March 2018

Description

The world’s leading exchange operator Nasdaq is to create 200 new jobs in its service centre in Vilnius over the next 2-3 years. Currently the service centre employs 127 employees. The Nasdaq technology and business support competence centre in Vilnius was officially opened on 13 October, 2015. The Nasdaq group has positively assessed the first development phase of the centre and decided to further expand in Lithuania. The centre provides support and develops IT infrastructure for financial markets, performs finance and accounting as well as other functions to listed companies and financial institutions worldwide.


Sources

  • 14 March 2016: Verslo zinios
  • 14 March 2016: Delfi Verslas

Citation

Eurofound (2016), Nasdaq Vilnius Services, Business expansion in Lithuania, factsheet number 86811, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86811.