Type
Business expansion
Country
Sweden
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

500 jobs
Number of planned job creations
Job creation
Announcement Date
29 November 2005
Employment effect (start)
Foreseen end date
31 December 2007

Description

The financial services group Nordea will strengthen its advisory capacity over the next two-year period by increasing the number of advisers and specialists by up to 500 staff. New branches and venues will gradually be added as well. 'Customers are being asked to choose between ever more alternatives with regards to savings and loans, and even if our customers increasingly use internet banking, we still see a need for increased personal advice,' Nordea said.


Sources

  • 29 November 2005: Norrk√∂pings Tidningar (www.nordea.com)
  • 29 November 2005: Press release by Nordea (www.nt.se)

Citation

Eurofound (2005), Nordea, Business expansion in Sweden, factsheet number 62637, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62637.