NLB Closing Moscow Office

Politics ♦ Published: January 27, 2014; 16:07 ♦ (Vindobona)

The step is part of the restructuring and downsizing procedure.

NLB Closing Moscow Office / Picture: © NLB

On Monday, the biggest Slovenian bank announced its plan about closing its office in Moscow. The measure is part of the restructuring and downsizing procedure. This year the bank plans on cutting a total of more than 200 jobs. According to the reorganization plan, which was revealed last year, a total of 700 jobs have to be cut. In 2013 already 228 members of staff were laid off. The…