Type
Business expansion
Country
Poland
Region
Polnocny; Warminsko-Mazurskie; Olsztynski
Location of affected unit(s)
Olsztyn
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

100 jobs
Number of planned job creations
Job creation
Announcement Date
23 March 2023
Employment effect (start)
23 March 2023
Foreseen end date
31 December 2023

Description

Citibank, a subsidiary of Citigroup financial services company, has announced plans to create 100 new jobs in Olsztyn. The company believes that its development in Olsztyn is closely linked to the development of the city and the region, and it intends to support this growth by expanding its workforce in the area by the end of 2023. Citi has been recruiting for a number of years across a range of functions and businesses, including technology, transaction banking, anti-money laundering, onboarding new clients, markets and securities services, risk management, finance. These roles provide services to a number of Citi offices around the world

Citi is now one of the largest employers in the city. The entire capital group, consisting of two companies - Citi and Citi Handlowy - employs a total of around 1,870 people in Olsztyn.

For previous restructuring of CitiGroup in Poland, see: CITI-2019-PL, CITI-2019-PL, CITI-2017-PL.


Sources

Citation

Eurofound (2023), Citibank, Business expansion in Poland, factsheet number 108670, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108670.