GE Money Bank

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Bucureşti-Ilfov; Bucureşti
Location of affected unit(s)
Bucharest
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
300 jobs
Number of planned job creations
Job creation
Announcement Date
30 August 2007
Employment effect (start)
Foreseen end date
31 December 2007

Description

General Electric Money, a provider of consumer credit and a part of the multi-national General Electric, has announced that it is to create 300 new jobs in Bucharest by the end of 2007. General Electric Money currently employs 600 at its Bucharest site. Ronald Malak, a senior representative of the firm in Romania, stated that he wished the firm to become the best provider of consumer credit in Romania as well as a good employer.

Sources

  • 31 August 2007: Ziarul Financiar

Citation

Eurofound (2007), GE Money Bank, Business expansion in Romania, factsheet number 65748, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65748.