PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


Euroclear prepares to launch Krakow office


Euroclear, a Brussels-based provider of post-trade services for asset types such as bonds, equities, funds and derivatives, has started recruiting staff for a soon-to-be opened large financial centre in Krakow. The project is expected to create up to 500 jobs in the next few years, as the company gradually relocates to Poland half of the operations from its 1,000-strong facility in Brussels. (The Belgian unit will be scaled down through natural attrition rather than lay-offs.)

Euroclear is still awaiting the approval from the European Commission for a PLN 2.7m (approx. €0.65m) grant it has received from the Polish government in support of the Krakow project, but a first group of Polish staff are already undergoing training in Brussels.

Two other Polish cities were considered by Euroclear as potential locations: Warsaw and Wroclaw.

Euroclear has 3,200 employees, including 2,400 in Belgium, 400 in Great Britain or 350 in France. In 2011 it settled the equivalent of more than €580,000bn in securities transactions, representing 163 million domestic and crossborder transactions, and held more than €22,000bn in assets for clients.

Browse and search in our archive »

subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »

Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.