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SAP Hungary H1 revenue climbs almost 10%

Business management software company SAP Hungary's first-half revenue rose almost 10% over the same period a year earlier, managing director Balázs Ablonczy said at a conference entitled SAP World Tour.

SAP Hungary sees full-year revenue climbing over 20%, Ablonczy said.

Last year, SAP Hungary's revenue grew to HUF 12.75 billion. Public sector orders generate about 20% of revenue from the sale of new software, but the company aims to boost this proportion, Ablonczy said.

SAP Hungary employs almost 500 people, including more than 200 software developers. It could raise headcount by as much as 20% by year-end. (MTI – Econews)