The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial Service Activities, Except Insurance And Pension Funding
No information on job gains number available
Announcement Date
5 July 2017
Employment effect (start)
1 July 2017
Foreseen end date
Description
Markerstudy Group was established in 2001 and employs around 4,000 people. St Julians is a motor insurance company located in Malta, which belongs to Markerstudy group and serves the United Kingdom market (where the group is headquartered). In order to protect the business and be able to continue trade with the UK after Brexit, Marketstudy has planned to relocate its operations of St Julian from Malta to Gibraltar (UK). "An application to re-domicile St Julians has been submitted to the Malta Financial Services Authority " Markerstudy said in a statement.
Eurofound (2017), Markerstudy, Reshoring in United Kingdom, factsheet number 106, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106.
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