EMCC European Monitoring Centre on Change

Visma Lietuva

Company/Organisation:
Visma Lietuva

Geographic Location

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

Company

Sector: Information / communication
IT and other information services
62.0 - Computer programming, consultancy and related activities
Number Employed: 30
Group: Visma

Employment Effects

Announcement Date: 08-05-2013
Type of Restructuring: Business expansion
Employment Effect Start: 08-05-2013
Foreseen End Date: 08-05-2017
Planned Job Creation: 100

Additional Information

Norwegian business software and services provider Visma intends to create 300-500 new jobs in Vilnius by the end of 2017. Currently the company employs 30 people. According to the management, the number of employees will reach 100 people by the end of 2013, and then grow to between 300 and 500 over the next 4-5 years. Visma Lietuva was set up in 2011 and was assigned the function of a low-cost development centre by the parent company in 2012.