Debeka

Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
2,600 jobs
Number of planned job creations
Job creation
Announcement Date
24 May 2005
Employment effect (start)
1 January 2005
Foreseen end date
31 May 2007

Description

Insurance company Debeka has announced that it has increased the number of its staff by 527 throughout 2004, due to healthy growth of its business. Debeka expects this trend to continue and wants to increase its staff of 13,800 by 5 to 7% per year over the medium term.

Sources

  • 25 May 2005: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2005), Debeka, Business expansion in Germany, factsheet number 61631, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61631.