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 Activities Auxiliary To Financial Services And Insurance Activities Financial Fund Management 66.30 - Fund management activities
500 jobs Number of planned job creations
Announcement Date
28 March 2017
Employment effect (start)
28 March 2017
Foreseen end date
31 December 2017
Description
Non-banking financial services provider iCredit is to create 500 new jobs in Romania by the end of this year. The new jobs will be created by opening 15 regional offices in Romania. Currently the company has 1,000 employees in Romania.
iCredit is a part of Bulgarian-headquartered Management Financial Group (MFG) specialized in non-banking financial products and services. MFG operates over 270 offices in Bulgaria, Ukraine, Romania, Poland, Czech Republic and Macedonia.
Sources
28 March 2017: adevarul.ro
28 March 2017: revistabiz.ro
Citation
Eurofound (2017), iCredit, Business expansion in Romania, factsheet number 90619, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90619.
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