EMCC European Monitoring Centre on Change

Webmedia

Company/Organisation:
Webmedia

Geographic Location

Country: Estonia
Region: Lõuna-Eesti; Eesti

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 175

Employment Effects

Announcement Date: 30-11-2005
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2006
Foreseen End Date: 31-12-2010
Planned Job Creation: 825

Additional Information

Webmedia is one of the largest and fastest growing high-end software development companies in the Baltic States. It employs currently some 175 people in software development with offices and development units in Estonia, Lithuania and Finland. The company also maintains a development centre in Romania. Webmedia focuses on four business areas: telecommunications, finance, healthcare, public administration and government. The company’s business plan anticipates a steady growth rate over the coming years. The company thus plans to recruit a further 25 employees by the end of 2005 and aims for a 1,000 people-strong workforce by 2010.