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 64.19 - Other monetary intermediation
200 jobs Number of planned job creations
Announcement Date
18 July 2012
Employment effect (start)
18 July 2012
Foreseen end date
1 July 2014
Description
American investment bank Brown Brothers Harriman (BBH) announced plans to hire 200 to 300 people at the new centre in Kraków by the middle of 2014. The company is looking mainly for economists and IT specialists.
This is the fifth centre of BBH in Europe. It was opened in March 2012 and will provide financial services and investment management for individuals and institutions. Michael McDonald, the director of BBH in Poland, informed that the unit will be strongly linked with other units in the world.
BBH was founded in 1818. The company has 17 units around the world and employs about 5,000 people.
Sources
18 July 2012: Wirtualny Nowy Przemysł ()
Citation
Eurofound (2012), Brown Brothers Harriman, Business expansion in Poland, factsheet number 74004, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74004.
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