Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.9 - Other financial service activities, except insurance and pension funding

200 jobs
Number of planned job creations
Job creation
Announcement Date
27 January 2010
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2010

Description

German bank Schwäbisch Hall announced it would be creating 200 new jobs in 2010 despite a significant downturn in the recession. The jobs will be created in the sales division of the bank for private real estate financing - a subsidiary of the Deutsche Genossenschaftszentralbank, the German association cooperative banks. About one fourth of these will be located at the Schwäbisch Hall headquarters near Stuttgart.


Sources

Citation

Eurofound (2010), Schwäbisch Hall, Business expansion in Germany, factsheet number 70444, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70444.