The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
94 jobs Number of planned job creations
Announcement Date
25 October 2016
Employment effect (start)
25 October 2016
Foreseen end date
25 October 2017
Description
CITCO Vilnius, a company providing accounting and corporate legal services for international clients, is to create around 94 new jobs in its service centre in Vilnius. Currently the company employs 306 employees and the number of employees is expected to reach 400 by October 2017. According to the management, CITCO Vilnius will employ specialists in the field of finance, accounting and law.
The CITCO Group of companies employs more than 6,000 employees in 45 countries.
Sources
10 November 2016: Verslo zinios
Citation
Eurofound (2016), CITCO Vilnius , Business expansion in Lithuania, factsheet number 89088, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89088.
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