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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.09 - Other information technology and computer service activities
100 jobs Number of planned job creations
Announcement Date
11 October 2017
Employment effect (start)
11 October 2017
Foreseen end date
31 December 2017
Description
US information technology and services company Cujo LLC is to create up to 100 new jobs in Kaunas by the end of 2017. The company is establishing a new division in Kaunas that will employ around 100 IT professionals who will work on developing, testing and improving Cujo’s smart home Internet security technology. The division started its operations in Lithuania in September 2017. Currently Cujo Baltic employs 1 employee.
Cujo is an artificial intelligence company providing solutions to telecom operators. The company offers network security, device intelligence, safe Internet, and other features. It provides services to international companies such as Orange, Singtel and Telefonica.
Sources
11 October 2017: Verslo zinios
Citation
Eurofound (2017), Cujo Baltic, Business expansion in Lithuania, factsheet number 92252, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92252.
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