Vodafone signs on giant investment

Pharma

Premier Ferenc Gyurcsány and John Bond, the director of the Vodafone-group, signed an agreement yesterday about the mobile giant moving its international financial service center into Hungary.

The new center will employ 746 highly qualified experts. Several countries of the region competed for the investment, and Hungary has been chosen thanks to warm support from the government, and a well trained workforce. The Hungarian state contributes to the Ft 9 billion (48.7 million) cost of the Vodafone investment with a Ft 1.3 billion (7 million) subsidy. The center will handle and processes the financial transactions for subsidiaries in 18 countries. (Napi Gazdaság, Magyar Hirlap)

 

ADVERTISEMENT

Industries lose billions on counterfeit products Analysis

Industries lose billions on counterfeit products

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.