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London Stock Exchange opens a Service Centre in Bucharest with 200 employees

de Adrian N Ionescu , 7.5.2018

The London Stock Exchange Group (LSEG), the operator of London Stock Exchange, announced that it will open a business services centre in Bucharest through the Group’s specialized company, Business Services Ltd (BSL).

BSL provides services in technology, database, and corporate support fields for the Group entities worldwide.

The centre in Bucharest will be complementary to the one in Colombo (Sri Lanka), where 480 employees work, according to an information released by the company.

“We are glad to announce the opening of a new joint service centre in Romania. By developing some strategic operational centres in different time zones and regions, we are in an optimal position to provide services and assistance to our entities at the global level,” said Murali Subrahmanyam, LSEG Business Services Director.

The London Stock Exchange official invoked the “well-qualified” workforce, the good stock market infrastructure and even the “solid educational system.”

The London Stock Exchange (LSE) is constantly searching for companies around the world that are relevant to its trading sections. Currently, Electrica (EL) and Fondul Proprietatea (FP) are listed on the AIM market of the London Stock Exchange.

London Stock Exchange, run by LSEG, is the largest in Europe and one of the largest and oldest in the world. The group also operates the Milan Stock Exchange and service companies for capital markets MillenniumIT, Russel Indexes, FTSE International, Exactpro, LCH and MTS.

The company had last year a turnover of £1.76 billion and a net profit of £561 million.

The Bucharest Service Centre will have offices nearby the Polytechnic University.

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