EMCC European Monitoring Centre on Change

London Stock Exchange

Company/Organisation:
London Stock Exchange

Geographic Location

Country: Romania
Region: Bucuresti; Bucuresti
Location of affected unit(s): Bucharest

Company

Sector: Information / communication
IT and other information services
62.0 - Computer programming, consultancy and related activities
Group: London Stock Exchange Group

Employment Effects

Announcement Date: 04-02-2019
Type of Restructuring: Business expansion
Employment Effect Start: 06-02-2019
Foreseen End Date: 31-12-2019
Planned Job Creation: 300

Additional Information

British financial institution London Stock Exchange has announced plans to create 300 new positions at its IT service centre in Bucharest. The centre, which was inaugurated in February 2019, was initially expected to employ 200 people. The company develops and manages high-performance, transactional, market surveillance and post-trading systems for 42 organisations. British Foreign Secretary welcomed the move and described the centre as ‘a pawn for economic relations between Romania and the UK’.  

Worldwide, London Stock Exchange Group, headquartered in London, employs about 6,800 people.

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