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 Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66 - Activities auxiliary to financial services and insurance activities
150 jobs Number of planned job creations
Announcement Date
12 December 2008
Employment effect (start)
Foreseen end date
1 January 2010
Description
British American Tobacco (BAT) will hire an additional 150 persons at its British American Shared Services site in Bucharest by the beginning of 2010. British American Tobacco (BAT) selected Bucharest for a new centre for financial services with 100 employees in the first phase. In 2007, BAT reported a turnover of 824 million euros in Romania, in a plant of cigarettes, an increase of 40% compared with 2006.
Sources
15 December 2008: Ziarul Financiar
Citation
Eurofound (2008), British American Shared Services Europe, Business expansion in Romania, factsheet number 67701, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67701.
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