Restructuring events
European Restructuring Monitor (ERM)
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.
On 9 May 2012, American provider of financial services for institutional investors State Street Corporation opened its second financial centre in Kraków and announced plans to create 600 new jobs within the next 3 years.
The company has been operating in Poland since 2007 and employs more than 1,000 people in the first Kraków office. State Street Corporation claims that the financial centres in Kraków are crucial for the global business strategy of the company.
State Street Corporation has offices in 26 countries and employs over 28,600 staff around the world. Its customers include mutual fund, collective investment funds, corporate and public pension funds, companies and non-profit organizations.
Eurofound (2012), State Street Corporation, Business expansion in Poland, factsheet number 73541, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73541.