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HCL Technologies expands operations in Lithuania

MUMBAI: IT services provider HCL Technologies, has opened two new technology delivery centers in Vilnius, Lithuania. The new sites will provide digital transformation services to the company’s clients in the Baltic, Nordic and Benelux regions, it said.

According to Simonas Kepšta, Chief Adviser to the President of the Republic of Lithuania on Economic and Social Policy, “Financial technology and service companies have already become the cause of pride in Lithuania, so we are pleased and appreciate the investments made by international companies such as HCL in our country.”

The company said Lithuania hosts one the largest HCL technology hubs in the European region, intended to provide infrastructure and application development management services to its nearshore clients. HCL employs over 10,000 people in Europe, serving 200 clients, and has been present in Lithuania since 2016, where its employee base currently numbers about 500 employees.

“As part of our business and development strategy we plan to significantly invest in Lithuania,” said Sudip Lahiri, SVP and Head of Financial Services, Europe, HCL Technologies. “Lithuania is a country rich in talent and is strategically well positioned within the European Union, with strong connections and partnerships with nearshore Nordic countries. The opening of our new offices in Vilnius marks a significant milestone in our ongoing commitment to the region to help our clients play an even bigger part in the nation’s growth and innovation agenda.”

Mantas Katinas, Managing Director of Invest Lithuania said, “Lithuania presents multi-national companies with access to a highly-skilled talent pool and many partner opportunities. I’m delighted to see an exciting next generation technology company such as HCL, choosing Lithuania as a key European hub.”

HCL said it plans to build an ecosystem of partners for further collaboration and this would involve partnering with local universities, local and international clients, leading fintech companies, and Invest Lithuania.

Source: Economic Times