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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
200 jobs Number of planned job losses
100 jobs Number of planned job creations
Announcement Date
23 December 2005
Employment effect (start)
Foreseen end date
Description
In 2006, BRE Bank wants to continue its expansion on the individual banking market, as well as strengthen its position on corporate banking market. In the corporate banking department, the restructuring which already took place resulted in strengthening the workforce. Additionally the bank plans to hire 100 more people there, however, it will dismiss 200 people from other departments. The bank wants to open two new subsidiaries in Warsaw.
Sources
23 December 2005: Rzeczpospolita
Citation
Eurofound (2005), BRE Bank, Internal restructuring in Poland, factsheet number 62700, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62700.
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