Leveraging Kosovo’s talents to bridge Luxembourg’s finance skills gap
Lead partner
E-lma (Luxembourg)
Local partner
Swiss Premium (Kosovo)
Amount of co-financing
EUR 200,000
- Kosovo
- 2024
- Ongoing
Challenge
Luxembourg, recognised as one of Europe’s leading financial centres, is currently facing a talent shortage, particularly in the area of investment fund accounting. In Kosovo, a very young population fluent in English opens up opportunities to support EU skills gaps while at the same time addressing employment creation needs of the country that does not fuel migration.
Innovative solution
The partners are setting up a back-office solution in Kosovo, dedicated to providing high-quality accounting services for investment funds, family offices, and asset managers based in Luxembourg and Europe, drawing particularly on services developed by E-lma in Luxembourg. Young graduates from Kosovo are being recruited and trained to work remotely with these companies in the financial sector. The project places a strong emphasis on continuous professional training to keep pace with market dynamics and is especially committed to promoting women’s employment as a central priority.
Impact
- Creation of 100 skilled jobs by 2027
- Professional integration of 100 young individuals, with 50% being women, offering a competitive salary through quality initial and ongoing training that aligns with industry standards.
Targeted Sustainable Development Goals
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100 young graduates will benefit from specialised training programmes that are specifically tailored to market needs. This training will supplement their initial education and significantly enhance their long-term employability prospects.
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50% of the employed individuals will be women, ensuring a balanced and equitable representation in the workforce.
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In Kosovo, 100 young graduates will be recruited for skilled positions. They will be offered competitive salaries, which will not only enhance their financial stability but also improve their overall purchasing power, contributing to the local economy.
News
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