Metro International leaves London – update

The Metro International headquarters will move from London’s Fleet Street to birthplace Stockholm before the end of 2009.

Metro International’s London office houses senior management, sales, editorial, marketing, finance and IT.  The Metro International  global sales and the global editorial department will remain in London. Approximately 35 employees will be affected by the move.

The estimated costs of this relocation are approximately € 0.5 million and will affect the 2009 accounts according to the Metro International press release. The annual savings from the relocation will be approximately € 2.0 million which will be realized in 2010.

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