Employment, EU – Baltic States, Investments, Lithuania, Technology

The centre in Vilnius is one of the four centres in the world providing IT services to Barclays' global retail business unit, and therefore, according to company representatives, is of strategic importance to the service the bank's IT sector. The other technology centres are operating in the United Kingdom, Singapore and India.

As Minister of Economy Dainius Kreivys said at a press conference on Friday, the centre is of a great importance to Lithuania, as it will create hundreds of new jobs and bring additional taxes to the state budget, reports ELTA/LETA.

Starting from autumn this year, Barclays plans to employ at least 5 graduates of Vilnius University each year, and starting from February next year – 5 graduates of Kaunas University of Technology. Currently, 5% of the company's employees are foreigners.