Restructuring events
European Restructuring Monitor (ERM)
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.
Swedbank, one of the major Swedish banks, is to create 100 new jobs at its non-financial services centre in Vilnius in 2018. The company plans to employ specialists in the fields of finance and IT. The centre provides services to the entire Swedbank group which owns more than 500 branches with around 14,000 employees in Sweden and the Baltic states. Previously Swedbank announced its intention to create 400 jobs by the end of 2017 (see Swedbank 2016 LT).
In total Swedbank group employs more than 14,000 employees in Sweden and the Baltic States (Lithuania, Latvia and Estonia).
Eurofound (2017), Swedbank, Business expansion in Lithuania, factsheet number 90677, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90677.