Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

400 jobs
Number of planned job creations
Job creation
Announcement Date
21 February 2018
Employment effect (start)
21 February 2018
Foreseen end date
31 December 2018

Description

Danske Bank, one of the biggest Scandinavian financial services providers, intends to create more than 200 new jobs in its Global service centre in Vilnius by the end of 2018. The company moved to the new office on 7 February 2018 and plans to increase its team to 2,800 employees in 2018. The company is rapidly expanding in Lithuania, since the beginning of 2018, the company has already created 85 jobs. 

Danske Bank operates in 16 different countries and serves more than 3.4 million personal, business and institutional customers. The company currently employs 2,623 employees in Lithuania.

Update 21/02/2018 : the bank announced that it is going to hire 200 more employees during 2018.


Sources

  • 21 February 2018: Verslo zinios
  • 7 February 2018: 15min.lt
  • 7 February 2018: Lietuvos Rytas

Citation

Eurofound (2018), Danske Bank, Business expansion in Lithuania, factsheet number 93207, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93207.