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 / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
300 jobs Number of planned job creations
Announcement Date
25 January 2006
Employment effect (start)
1 January 2006
Foreseen end date
31 December 2006
Description
In 2005, Fortis Bank earned 101 million PLN. According to company’s strategy, 2006 profits are to be even higher. The bank specializes in servicing SMEs. This activity has proved to be the most profitable so far. In order to reach desirable margins, Fortis plans to open six new subsidiaries and three SMEs service centres in 2006.
Sources
10 February 2006: Rzeczpospolita
Citation
Eurofound (2006), Fortis Bank, Business expansion in Poland, factsheet number 62842, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62842.
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