Krakow instead of Frankfurt: Universal Investment relocates jobs to Poland

TVS News AI, editorially supervised, presents Krakow instead of Frankfurt: Universal Investment relocates jobs to Poland.

The Frankfurt-based fund service provider Universal Investment is relocating parts of its business to Poland. This was reported by Handelsblatt. By mid-2027, business divisions are to move to the Eastern European country – according to the newspaper, the target city is Krakow.

According to Handelsblatt, this affects roughly one in ten of the company's jobs in Germany. Which locations, departments, or employee groups are specifically affected is not clear from the report.

What does the move mean for the workforce?

Universal Investment is one of the major independent service providers for funds and institutional investors in Germany. A relocation to Poland means concretely: less work at the German branches, more tasks at the Krakow target location – and open questions for the affected employees in this country.

Why Krakow?

Krakow has developed in recent years into a sought-after nearshore location for banks, IT service providers, and shared service centers. Lower personnel costs combined with a high level of education and good connections to Western Europe make Poland's second-largest city attractive for financial groups.

Universal Investment plans to relocate business parts to Poland by mid-2027. Roughly one in ten of the company's jobs in Germany is affected.

What happens next?

According to Handelsblatt, the relocation is proceeding gradually until mid-2027. What this means in detail for the German locations, the corporate structure, and the affected employees is currently unclear.