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.
Across Sweden; mainly the Stockholm area, mid-Sweden, the westcoast and the Norrland coast.
Sector
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
100 jobs Number of planned job creations
Announcement Date
1 October 2007
Employment effect (start)
1 February 2008
Foreseen end date
31 December 2008
Description
Swedish Nordea, the biggest banking group in Northern Europe announced in October 2007 that they will create 100 new jobs by taking over the offices of Svensk Kassaservice, Sweden’s largest provider of over-the-counter financial transaction services and turn them into regular Nordea banking offices. According to Lena Rosén at Nordea, it is now decided that the amount of offices that will be taken over on July 1 2008 reaches 76 throughout the the whole of Sweden. The existing employees at Svensk Kassaservice will be reemployed and retrained by Nordea. The business expansion is expected to be completed during the second half of 2008.
Sources
17 February 2008: Svenska Dagbladet
Citation
Eurofound (2007), Nordea, Business expansion in Sweden, factsheet number 66305, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66305.
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