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.
Norwegian business software and services provider Visma is to create around 150 new jobs in its Vilnius software development unit Visma Lietuva by the end of 2020. The company has recently moved to new premises and intends to employ at least 150 new employees during the coming two years. According to the management, the number of employees should reach 500 by the end of 2020. Currently the company employs 337 employees.
Visma Lietuva belongs to Visma Group which recently has acquired 100% of the shares of Dutch HR software company Raet. Visma Group has around 8,250 employees and its net revenue amounted to €985 million in 2017.
Eurofound (2018), Visma Lietuva, Business expansion in Lithuania, factsheet number 95930, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95930.