Diners Club Italia

Type
Merger/Acquisition
Country
Slovenia
Region
Slovenija; Zahodna Slovenija; Obalno-kraška
Location of affected unit(s)
Izola
Sector
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
120 jobs
Number of planned job creations
Job creation
Announcement Date
10 May 2008
Employment effect (start)
1 September 2008
Foreseen end date

Description

Diners Club Slovenia, which currently employs 40 people in Ljubljana, together with financial holding Findale Enterprises Ltd. recently bought Diners Club Italia from London-based Citibank Plc. Headquarters of Diners Club Italia will remain in Milan, but all other company’s credit cards related activities, which were in the past handled in Spain, India and UK, will be moved to Izola in South-Western Slovenia near the Italian border. As a result 120 new jobs will be created in Izola by the beginning of September 2008.

Sources

  • 10 May 2008: Delo

Citation

Eurofound (2008), Diners Club Italia, Merger/Acquisition in Slovenia, factsheet number 66606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66606.