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 Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
150 jobs Number of planned job creations
Announcement Date
5 March 2007
Employment effect (start)
1 May 2007
Foreseen end date
Description
Insurance firm AXA is set to create 150 jobs in Londonderry. The company has announced it will invest 15 million GBP in the development of a new customer service centre on the Northlands Road. The call centre is due to open in May 2007 and is being supported by Invest Northern Ireland. Lorna Preston, business support manager of AXA Insurance, said: 'Derry offers us a business-friendly environment and a supply of suitably qualified people.'
'We are delighted to be joining a growing cluster of financial services companies operating in the north west.'
Invest NI is providing 1.5 million GBP towards the cost of the venture.
Sources
5 March 2007: BBC News
Citation
Eurofound (2007), AXA, Business expansion in United Kingdom, factsheet number 65066, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65066.
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