Oracle, gov't sign strategic agreement
The Hungarian government and the Budapest unit of U.S. computer technology firm Oracle signed a strategic agreement – the tenth such agreement between the government and an American company – Hungarian news agency MTI reported today.
Csaba Reményi, the managing director of Oracle Hungary, said that through government support, Hungary has placed an emphasis on training the kind of professionals the company needs to run its business. State secretary Levente Magyar added that the local unit of Oracle raised its headcount by an average 15-30% annually in the past several years.
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