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.
Makroregion południowy; Małopolskie; Miasto Kraków
Location of affected unit(s)
Krakow
Sector
Financial / Insurance/ Estate 66 - Activities auxiliary to financial services and insurance activities 66 - Activities auxiliary to financial services and insurance activities 66 - Activities auxiliary to financial services and insurance activities
1,000 jobs Number of planned job creations
Announcement Date
6 May 2008
Employment effect (start)
Foreseen end date
Description
The American State Street Corporation, a global provider of financial services for institutional investors, has announced that it is to create approximately 1000 new jobs by opening a financial services centre in Kracow. As of May 2008, there is no information on when the new jobs will be created by. State Street Corporation has offices in 26 countries and employs over 27,000 staff around the world. Its customers include mutual fund, collective investment funds, corporate and public pension funds, companies and non-profit organizations.
Sources
6 May 2008: Polska Agencja Prasowa
Citation
Eurofound (2008), State Street Corporation, Business expansion in Poland, factsheet number 66604, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66604.