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.
South West; Gloucestershire; Wiltshire and North Somerset
Location of affected unit(s)
Gloucester
Sector
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
300 jobs Number of planned job creations
Announcement Date
28 October 2009
Employment effect (start)
Foreseen end date
Description
Fortis, a company providing insurance services, has announced plans to create 300 jobs in Gloucester. The new jobs follow the two new business contracts the company has secured with Tesco Bank and Toyota GB. Fortis will provide motor and household insurance services for Tesco Bank and motor insurance services for Toyota. Recruitment will occur within the following months.
Sources
28 October 2009: BBC News
Citation
Eurofound (2009), Fortis, Business expansion in United Kingdom, factsheet number 69772, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69772.
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