EMCC European Monitoring Centre on Change

Danske Bank

Company/Organisation:
Danske Bank

Geographic Location

Country: Lithuania
Region: Vilniaus apskritis; Lietuva
Location of affected unit(s): Vilnius

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 400
Group: Danske Bank

Employment Effects

Announcement Date: 09-03-2016
Type of Restructuring: Business expansion
Employment Effect Start: 09-03-2016
Foreseen End Date: 31-12-2016
Planned Job Creation: 100

Additional Information

Danske Bank, one of the biggest financial services providers in Scandinavia, intends to create 100 new jobs in Vilnius by the end of 2016. According to the management, the company is expanding the activities of its IT service centre in Lithuania. The number of employees in the centre in 2016 will grow from 400 to 600.

Danske Bank IT service centre in Lithuania was officially opened on December 10, 2015. During the official opening it was announced that Danske Bank will create 500 jobs (see previous case Danske Bank 2015 LT).