Restructuring events
European Restructuring Monitor (ERM)
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.
Bank Austria, an Austrian banking institution operating in the financial services sector and part of the Italian UniCredit Group, has announced plans to create around 200 new jobs across several business units in Austria. These will be concentrated particularly in retail banking, corporate client services and private banking, and a new competence centre for housing loans is planned in Vienna.
The hiring initiative is linked to the bank’s growth strategy, driven by increasing demand for residential mortgage lending following declining interest rates and the intention to expand services for small and medium-sized enterprises (SMEs).
Company management presented the recruitment drive as a signal of expansion at a time when parts of the banking sector are reducing staff. In previous years, the bank carried out restructuring measures Bank Austria 2015 - AT.
UniCredit Bank Austria is one of the largest banking institutions in Austria, providing retail, corporate and investment banking services and employing several thousand people nationwide.
Eurofound (2026), Bank Austria, Business expansion in Austria, factsheet number 204383, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204383.
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