Type
Business expansion
Country
Poland
Region
Location of affected unit(s)
NA
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

100 jobs
Number of planned job creations
Job creation
Announcement Date
24 August 2010
Employment effect (start)
24 August 2010
Foreseen end date
31 December 2010

Description

DnB Nord bank announced it will hire 100 employees and open five branches by the end of 2010. The bank has been present in the Polish market since 2003. At first it provided corporate banking services, but it has since expanded to serve individual customers, small and medium enterprises, local governments etc. Over the past year, DnB Nord has been restructuring and has managed to lower costs and increase profits. Now that the company has decided to develop, there is a potential for more job creation in the future.


Sources

  • 24 August 2010: Rzeczpospolita
  • : (www.rp.pl)

Citation

Eurofound (2010), DnB Nord, Business expansion in Poland, factsheet number 70862, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70862.