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ITSH to invest HUF 4.6 bln at Hungarian bases

IT Services Hungary (ITSH), a unit of T-Systems, is planning to invest HUF 4.6 billion at its Hungarian bases in Szeged, Debrecen and Pécs, with the support of a HUF 650 million grant from the Hungarian government, according to reports Thursday. The investment could create 360 new jobs.

The company is cooperating with several educational institutions in Hungary in order to introduce students to new technologies, as well as cooperating with local councils, said ITSH Managing Director Chris Wilson, according to Hungarian news agency MTI.  

IT Services Hungary currently employs approximately 4,400 people at its Hungarian bases in Szeged, Debrecen, Pécs and Budapest.