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
600 jobs Number of planned job creations
Announcement Date
26 June 2018
Employment effect (start)
Foreseen end date
30 June 2023
Description
Financial Services firm FinTrU has announced plans to create 600 new jobs in Northern Ireland. The jobs will be added over a five year period and will be supported by government investment of GBP 5.6 million (€6.28 million). The company has expanded rapidly since being founded about five years ago. Of these new jobs around half will be based in Belfast and the other half will be based in Derry / Londonderry. The news of the expansion into the north west of the province has been especially welcomed by local politicians, given the long history of high unemployment in the area.
In 2017, it announced the creation of 90 jobs at its Belfast headquarters.
Eurofound (2018), FinTrU, Business expansion in United Kingdom, factsheet number 94667, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94667.
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