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ITDH works to bring ten more service centers to Hungary

The Hungarian Investment and Trade Development Agency (ITDH) is working on projects to bring ten regional service centers of multinational companies to Hungary, ITD Hungary head György Rétfalvi said.

The projects, of which more than half involve American companies, involve between 100 and 1,000 jobs apiece and could create 4,000 workplaces, Rétfalvi said.

So far this year, ITD Hungary has helped three companies make decisions on setting up or expanding service centers in Hungary: BP will open a centre in Budapest with 1,100 staff, IBM will add another 200 staff to its service centre in Székesfehérvár (W Hungary) and Vodafone will build a centre to be staffed by 500 in Miskolc (NE Hungary).

More than 50 service centers have been set up in Hungary since the first one was established in 2002. The projects generated around 20,000 jobs.

Speaking about ITDH's work in general, Rétfalvi said the agency establishes contact with about 6,000-8,000 companies a year, of which 700-800 turn out to be leads and 300 plan projects. Between 50-60 of these projects actually become investments. Of the 60-70 projects drawn up this year, firm decisions on ten have been made so far, he added. (MTI – Econews)