Business and Investment Development Agency


International financial company Barclays expands its activities in the Czech Republic

The company will hire two hundred new employees

International financial company Barclays expands its activities in the Czech Republic

The British financial and banking company Barclays is hiring new qualified employees in the Czech Republic. At its centre of excellence in Prague, it plans to employ approximately two hundred people, particularly specialists in the areas of software development, project management and risk and business analysis.
Barclays had 550 employees in the Czech Republic at the beginning of 2020. The initial staff increase occurred this year following the expiration of the company’s contract with the service provider EPAM, whose 250 employees transferred directly to Barclays upon mutual agreement.
“Our operations in Prague play a key role in Barclays’ technology ecosystem. Thanks to the highly educated and qualified workforce combined with outstanding infrastructure, our expansion in Prague will enable us to provide more comprehensives services,” explains Steve Penketh, operations manager at Barclays.
CzechInvest has been collaborating with Barclays since 2015. The company’s operations in the Czech Republic include a major technology centre, which currently employs more than eight hundred developers in the centre of Prague. CzechInvest assists the British company particularly in the area of human resources, as well as with arranging residence visas and with investment projects. “CzechInvest is a proud partner of Barclays’ activities. We are pleased to continue in our collaboration with this company on the development and cultivation of the Czech technology and business environment,” says Patrik Reichl, CEO of CzechInvest.
More information is available in the attached press release. 

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