Business expansion
Moravskoslezsko; Moravskoslezsky;
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

500 jobs
Number of planned job creations
Job creation
Announcement Date
1 June 2005
Employment effect (start)
Foreseen end date
1 June 2008


The Czech subsidiary of General Electric, one of the largest and most renowned American corporations, has decided to expand its activities in the Czech Republic. The new customer support centre of GE Money Multiservis for Czech and Slovak clients will be located in Ostrava and will provide work for up to 500 qualified staff members by 2008. The total investment exceeds €3 million. Commencement of operations is scheduled for the second quarter of 2006. The scope of activities of the centre includes credit portfolio management, customer service, collection of claims, and operation of a toll-free information hotline for customers.


  • 2 June 2005: Lidové Noviny
  • 1 June 2005: Hospodárske noviny
  • 1 June 2005: CzechInvest (www.czechinvest.org)


Eurofound (2005), GE Money Multiservis, Business expansion in Czechia, factsheet number 61689, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61689.