Axactor

Type
Reshoring
Country
Norway
Reshoring from
Sweden
Reshored business function
Administration
Region
Norge;
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
No information on job gains number available
Announcement Date
23 March 2018
Employment effect (start)
Foreseen end date

Description

Axactor is a credit management company based in Norway. In March 2018, the company announced the relocation of its registered office from Stockholm to Oslo.The relocation was aimed to the reduction of the administrative costs and the improvement in efficiency. The executive board already approved the decision that will be implemented after the final approval by the shareholders general meeting scheduled on next October 17.   

Sources

Citation

Eurofound (2018), Axactor, Reshoring in Norway, factsheet number 15, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/15.