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KBC to open €100 mln twin data center near Budapest

The Belgian KBC Group is set to open a twin data center near Budapest in a bid to cut costs in Central Europe, said K&H, the Hungarian unit of KBC, in an e-mailed statement. The center will become operational in the coming months and will generate recurrent annual cost savings of €10 million. Since 2007 KBC has invested €100 million on its new Hungarian computer data center, which will manage the network infrastructure and customer data storage for KBC companies in Central and Eastern Europe. The center will employ 15, mainly technical staff.