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Foreign investments

Western Union is starting to implement a new global strategy: it will hire 300 more employees in Vilnius

Made in Vilnius
in 2019 November 05 09:00
3 min. reading
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Western Union, one of the leaders in international money transfer and multi-currency payments, is launching a new global strategy. The European Regional Operations Center (EUROC) located in Vilnius will be of great importance for the development of this strategy. Also, the company intends to hire 18 new specialists in the next 300 months.

As demand for fast and reliable international money transfer and payment solutions increases, Western Union is embarking on a new global strategy to maintain its international edge. This strategy includes areas in which the company is constantly investing and improving: real-time digital withdrawals from the account, compliance and solutions based on artificial intelligence. For these reasons, the company currently operates one of the most complex and universal payment systems in the world.

"Western Union" is purposefully strengthening the company's main activities of money transfer and payment services, and will also open its unique international platform, which will create favorable conditions for business companies seeking to expand their activities in the world, - says Šarūnas Šuipis, head of the "Western Union" operations center in Lithuania. . - By implementing the new strategy and continuing cooperation with "Invest in Lithuania", we plan to expand the team in Vilnius and hire another 300 specialists with skills in digital business and international platform development, advanced automation, finance and accounting, compliance, business risk and other functions."

in 2010 About 2 employees work at the EUROC center of "Western Union" established in Vilnius. It is the largest branch of Western Union in the world, where services are provided in 000 languages. in 34 At the "Shared Services Summit & Awards" held in New York, the company received the main award for the application of robotics solutions (Top Robotics / RPA Implementation) in Central and Eastern Europe. Such recognition shows a favorable assessment of the quality of Western Union's activities and the entire global business services (GBS) sector in Lithuania.

According to the Deputy Minister of Economy and Innovation of the Republic of Lithuania, Marius Skuodis, the company's new global strategy will take the GBS sector to new digital heights.

"Western Union" was one of the first GBS centers located on the Lithuanian market. We are very proud that the company appreciates the opportunities provided by our country and now we can observe how the company advances to a higher level of maturity", said M. Skuodis.

"Western Union" EUROC center is one of the pioneers of the GBS sector in Lithuania. Since 2010, the company has seen the rapid growth of the country's technological maturity and great achievements in the fintech ecosystem. A strong business-oriented environment in Lithuania has inspired the company to further strengthen its position in the space of digital innovations and to strengthen the name of Lithuania as the center of the GBS sector in Northern Europe", asserts Mantas Katinas, CEO of Invest in Lithuania.

Western Union was voted the best at this year's USA-Europe Business Services Awards in New York JAV investor in business service centers in the Baltic countries. This once again confirms that the company is the leading leader in its field in the region.

TAGS:EmployeesInvestmentsNewWestern Union
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