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 - Financial service activities, except insurance and pension funding
140 jobs Number of planned job creations
Announcement Date
23 November 2016
Employment effect (start)
Foreseen end date
30 November 2019
Description
Financial technology company Lombard Risk Management has opened a new site in central Birmingham which will lead to the creation of 140 new jobs over a three year period. The company has set up in the city's Alpha Tower where it will look to develop a range of financial technology products. A spokesperson for Lombard Risk Management commented that Birmingham was seen as a suitable location for the new venture due to the good availability of skilled workers and the excellent transport links.
Sources
23 November 2016: Birmingham Mail
Citation
Eurofound (2016), Lombard Risk Management, Business expansion in United Kingdom, factsheet number 89312, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89312.
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