Ericsson Hungary to hire 200 more staff by mid-2008

Competition

The Hungarian unit of Ericsson, will hire 200 workers by mid-2008, raising its number of staff to 1,000, outgoing CEO of the unit Steffan Pehrson told a press conference in Budapest on Friday.

The Hungarian unit of Ericsson, the world's leading maker of wireless telecommunications equipment will have about 750 research staff by the end of 2007, chairman István Fodor said. The number of staff in services will rise from 170 to 250 during the same period, he added. Ericsson Hungary spends about Ft 10 billion a year on innovation, Fodor said. The company controls 70% of Hungary's market for GSM and second-generation mobile services infrastructure, and it is the only company in Hungary to have built a third-generation wireless network. Worldwide, Ericsson has built 30 of the 67 operating 3G networks, Pehrson said. Gábor Ery, Ericsson Hungary's new CEO, said the company aims to achieve a bigger share of the landline and mobile broadband internet market. He declined to reveal the company's turnover, but said services generate about 30%. (Mti-Eco)

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

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.