The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
500 jobs Number of planned job creations
Announcement Date
5 April 2006
Employment effect (start)
31 December 2006
Foreseen end date
30 April 2009
Description
GE Money Bank, a full-service bank operating in the Czech Republic as part of the GE Money Group headquartered in Stamford, Connecticut, (USA), has recently opened a new customer centre in Ostrava-Hrabová. Total investment exceeds CZK 100 million and at least 500 professionals will be hired gradually over the next three years, half of them by the end of 2006.
Sources
5 April 2005: Hospodárske noviny
Citation
Eurofound (2006), GE Money Bank, Business expansion in Czechia, factsheet number 63278, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63278.
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