ADVERTISEMENT

Alcoa winds up HUF 350 mln global service center in Hungary

Pharma

U.S.-based aluminium firm Alcoa yesterday inaugurated a global service center with a focus on financial services in Hungary through an investment of HUF 350 million, according to reports.

(Photo: MTI/János Marjai)

The investment is expected to create 100 jobs in Hungary, raising the current staff in the country to 2,200 and placing the company among the top 100 biggest firms here, Minister of Foreign Affairs and Trade Péter Szijjártó said at the inauguration. 

The firm is planning to split its business into two parts in the second half of the year, and will operate two separate service centers in Székesfehérvár, Hungarian news agency MTI reported.

A service center with 440 employees will support the newly formed Arconic company while the other center with a staff of 150 will provide services for Alcoa, MTI added.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.