EMCC European Monitoring Centre on Change

Visma Lietuva

Visma Lietuva

Geographic Location

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


Sector: Information / communication
IT and other information services
62.0 - Computer programming, consultancy and related activities
Number Employed: 337
Group: Visma Group

Employment Effects

Announcement Date: 22-11-2018
Type of Restructuring: Business expansion
Employment Effect Start: 22-11-2018
Foreseen End Date: 31-12-2020
Planned Job Creation: 150

Additional Information

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.