Nordea

Type
Business expansion
Country
Sweden
Region
Östra Sverige; Stockholm; Stockholms län
Location of affected unit(s)
Stockholm, other locations
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
100 jobs
Number of planned job creations
Job creation
Announcement Date
1 October 2007
Employment effect (start)
1 February 2008
Foreseen end date
31 December 2008

Description

Swedish Nordea, the biggest banking group in Northern Europe announced in October 2007 that they will create 100 new jobs by taking over the offices of Svensk Kassaservice, Sweden’s largest provider of over-the-counter financial transaction services and turn them into regular Nordea banking offices. According to Lena Rosén at Nordea, it is now decided that the amount of offices that will be taken over on July 1 2008 reaches 76 throughout the the whole of Sweden. The existing employees at Svensk Kassaservice will be reemployed and retrained by Nordea. The business expansion is expected to be completed during the second half of 2008.

Sources

  • 17 February 2008: Svenska Dagbladet

Citation

Eurofound (2007), Nordea, Business expansion in Sweden, factsheet number 66305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66305.