Tesco SSC to create 800 jobs

Pharma

A shared service center for Central Europe which U.K. retailer Tesco is setting up in Budapest will create 800 jobs, Minister of Foreign Affairs and Trade Péter Szijjártó said on Monday, according to a report by Hungarian news agency MTI.

Tesco announced last December that the Tesco Business Services SSC would start operating in a building in the Váci út office corridor early in 2019, with a staff of several hundred.

The SSC will provide payroll, customer service and sales support, Szijjártó said, noting that Tesco employs 16,000 people in Hungary.

Matt Simister, Tescoʼs CEO for Central Europe, said the retailerʼs decision to set up the SSC in Budapest demonstrates their commitment to the Central European and Hungarian market.

Sumit Mitra, CEO of Tesco Global Business Services, said Hungary was selected as the location for the center because of the highly qualified local workforce, good infrastructure and education system. Recruiting for the new positions has already started, he added.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.