Type
Business expansion
Country
Italy
Region
Sud;
Location of affected unit(s)
Lecce, Potenza, L'Aquila
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

400 jobs
Number of planned job creations
Job creation
Announcement Date
8 January 2010
Employment effect (start)
Foreseen end date
31 December 2010

Description

Intesa San Paolo, one of the main Italian banking groups, is to create 400-600 new jobs by the end of 2010 due to the opening of new branches in the South of Italy, and especially in Lecce, Potenza and L'Aquila. The workers should be hired through apprenticeship contracts.

In the next months the banking group and the trade unions should discuss on the terms and conditions of employment for the new workers. Intesa San Paolo has around 73,000 employees in Italy.


Sources

  • 16 January 2010: Il Sole 24 Ore

Citation

Eurofound (2010), Intesa San Paolo, Business expansion in Italy, factsheet number 70124, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70124.