EMCC European Monitoring Centre on Change

Global Finance Romania

Global Finance Romania

Geographic Location

Country: Romania
Location of affected unit(s): Romania


Sector: Professional services
Legal, accounting, management, architecture, engineering, technical testing and analysis activities
70.2 - Management consultancy activities
Number Employed: 150
Group: Global Finance

Employment Effects

Announcement Date: 21-07-2008
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2011
Planned Job Creation: 850

Additional Information

The investment fund Global Finance announced its intention to open two or three new centers in Romania. As a result the number of employees will increase from approximately 150 at present (in Bucharest) to 1,000 in the next five years. The representative of the company stated that Romania has a very high potential in the field of IT and financial services.