iCredit

Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
66 - Activities auxiliary to financial services and insurance activities
66.3 - Fund management activities
66.30 - Fund management activities
500 jobs
Number of planned job creations
Job creation
Announcement Date
28 March 2017
Employment effect (start)
28 March 2017
Foreseen end date
31 December 2017

Description

Non-banking financial services provider iCredit is to create 500 new jobs in Romania by the end of this year. The new jobs will be created by opening 15 regional offices in Romania. Currently the company has 1,000 employees in Romania.

iCredit is a part of Bulgarian-headquartered Management Financial Group (MFG) specialized in non-banking financial products and services. MFG operates over 270 offices in Bulgaria, Ukraine, Romania, Poland, Czech Republic and Macedonia.

Sources

  • 28 March 2017: adevarul.ro
  • 28 March 2017: revistabiz.ro

Citation

Eurofound (2017), iCredit, Business expansion in Romania, factsheet number 90619, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90619.