Este; Cataluña; Barcelona
Location of affected unit(s)
Sabadell, Terrassa and Manlleu
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

530 jobs
Number of planned job losses
Job loss
Announcement Date
8 April 2010
Employment effect (start)
1 July 2010
Foreseen end date
31 July 2012


Unnim, the new entity resulting from the merger of three saving banks - Caixa Sabadell, Terrassa and Manlleu - will be established in Barcelona with operating sub-sites in Sabadell, Terrassa and Manlleu. Within two years, Unnim will have 2,900 employees after reducing staff by 530, most taking early retirement.

After closing 150 of the 760 branches in January 2009 (20% of the total) it will be left with 610. Unnim will start to be operational between late June and early July. The new savings bank will hold assets of 30,000 million euro, leaving it eleventh among the 45 savings banks currently operating in Spain.

The Sabadell, Terrassa and Manlleu savings banks have announced that they will call together their boards of directors to set a date in May for assemblies with the workers to deal with the merger process.


  • 8 April 2010: Cinco Días


Eurofound (2010), Unnim, Merger/Acquisition in Spain, factsheet number 70439, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70439.