Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucuresti
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.0 - Computer programming, consultancy and related activities

100 jobs
Number of planned job creations
Job creation
Announcement Date
15 December 2020
Employment effect (start)
15 December 2020
Foreseen end date
31 December 2021

Description

The British financial institution London Stock Exchange Group (LSEG) has announced plans to create 100 new positions at its IT service centre in Bucharest. LSEG Romania continues to develop its local hub, and it is looking to hire IT specialists, quantitative analysis and data science specialists. LSEG plans to reach 400 employees in 2021.

The centre, which was inaugurated in February 2019, was initially expected to employ 200 people. However, it expanded its operations and hired an additional100 persons during that year. The company delivers infrastructure for financial markets and is focused on providing IT services, market surveillance and post-trading services for its clients.

The London Stock Exchange Group is headquartered in London and employs more than 6,800 people worldwide.


Sources

Citation

Eurofound (2020), London Stock Exchange, Business expansion in Romania, factsheet number 102814, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102814.