FinTrU

Type
Business expansion
Country
United Kingdom
Region
Northern Ireland;
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
600 jobs
Number of planned job creations
Job creation
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.

Sources

Citation

Eurofound (2018), FinTrU, Business expansion in United Kingdom, factsheet number 94667, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94667.