CSC Baltic moves to expand business in Lithuania, mulls entry into Latvia's market

News Article -- April 24, 2009

VILNIUS, Apr 24, BNS - CSC Baltic, a subsidiary of the US information technology solutions and consulting company Computer Sciences Corporation, which launched operations in Lithuania last year, plans to hire another 100 IT professionals within a year. "Our investments in Lithuania have truly bought off. We intend to pay somewhat more attention to the integration of the company in Lithuania into the global service network of CSC," Frank Heitmann, vice-president of CSC World Sourcing Services, told the reporters on Thursday. CSC Baltic now employs a workforce of 164. On Thursday the company opened its second office in Vilnius officially. "Now the objective of the company is to have 250 employees and be among four largest IT companies in Lithuania," Mikkel Bach, CSC Baltic CEO, said. CSC also says to be mulling a possibility to enter Latvia's market. The company might establish there a customer service center that would render services to the company's customers in Scandinavia.

CSC Baltic has invested 17.5 million litas (EUR 5.1 mln) into human resources, customer service center and infrastructure in Lithuania since its establishment in March 2008. (EUR 1 = LTL 3.45).