May 02, 2018
London Stock Exchange Group to establish operations in Romania
- LSEG to establish a new Business Services Centre in Bucharest, Romania
- Plans to employ skilled professionals across a range of technology, data services and corporate function roles
London Stock Exchange Group (LSEG) today announces that it is setting up a new Business Services centre in Bucharest, Romania. The new centre will employ personnel within the Group’s Shared Services company, Business Services Ltd (BSL). BSL currently delivers technology, data services and corporate support functions across the Group’s global operating entities.
LSEG has secured office premises located within the central-west area of Bucharest, near the Polytechnic University. The new LSEG facility will initially employ 200 personnel across a range of roles and complements BSL’s existing operations in Colombo, Sri Lanka, which employs 480 people.
Murali Subrahmanyam, Head of LSEG Business Services said: “We are pleased to announce the opening of a new shared services centre in Romania. Through the development of strategic operational hubs within appropriate time zones and geographic regions, we are well placed to deliver services and support to our global operating entities.
“Romania offers LSEG a highly skilled workforce, a strong education system and good infrastructure. We have been delighted by the warm reception that we have received from the Government of Romania, Invest Romania Agency and the local business community. We look forward to being an employer in Romania and contributing to the further development of capital markets skills in the country to support its future growth.”
Stefan-Radu Oprea, Minister for Business Environment, Trade and Entrepreneurship said: “We are delighted that London Stock Exchange Group has chosen Romania as a location for one of its strategic operational hubs, creating more than 200 skilled jobs in Bucharest. The long-term commitment to our country also reinforces the development of Romania’s capital markets capabilities.”
About LSEG
LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.
With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes.
LSEG is headquartered in the United Kingdom, with significant operations in over 60 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.
Contacts
Lucy Holloway
+44 (0)20 7797 1222
newsroom@lseg.com