Type
Business expansion
Country
Portugal
Region
Continente;
Location of affected unit(s)
Portugal
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65.1 - Insurance

150 jobs
Number of planned job creations
Job creation
Announcement Date
29 December 2016
Employment effect (start)
Foreseen end date
31 December 2017

Description

Insurance operator MetLife will create 150 new jobs during 2017 as it expands its team of mediators in Portugal. MetLife provides life and accident insurance to its customers. The company has its headquarters in the USA and has a presence in 50 countries. Metlife has been active in Portugal since 1985 and has approximately 500,000 customers there.


Sources

  • 29 December 2016: Dinheiro Vivo

Citation

Eurofound (2016), Metlife, Business expansion in Portugal, factsheet number 90183, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90183.