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BP plans 1000-strong Hungary service centre – agency

  BP is set to open a service centre in Budapest which will ultimately employ 1000 people, state news agency MTI quoted Economy Minister Gordon Bajnai as saying on Monday.

BP, which currently employs 70 people in Hungary, plans to use the centre to coordinate business and financial relations with its clients, MTI reported, quoting the chief of BP’s refining and marketing arm, Richard Hookway.

The centre will commence operations in the H2 of 2009 and build up to full capacity over four years. It could help fill some of the hole left on the country’s labor market after it was hit by the crisis.

About 30,000 jobs have been cut in Hungary since Oct. 1, but some companies like Vodafone and IBM have announced plans to expand, Bajnai said. (Reuters)