Type
Business expansion
Country
Estonia
Region
Eesti;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

200 jobs
Number of planned job creations
Job creation
Announcement Date
4 April 2022
Employment effect (start)
4 April 2022
Foreseen end date
31 December 2022

Description

Nordea, an Estonian branch of the Nordic banking group, announced the creation of 200 new jobs in Estonia during 2022. Nordea has expanded continuously over the past five years and due to cooperation with the Foreign Investment Center of the Estonian Business and Innovation Agency will be able to continue with such expansion. The cooperation allows the company to easily attract foreign workforce - the company has employees of 40 different ethnicities. The main growth area is financial crime prevention unit.


Sources

Citation

Eurofound (2022), Nordea, Business expansion in Estonia, factsheet number 106615, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106615.