The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Motion Picture, Video And Television Programme Production, Sound Recording And Music Publishing Activities 59.11 - Motion picture, video and television programme production activities
100 jobs Number of planned job creations
Announcement Date
16 November 2022
Employment effect (start)
16 November 2022
Foreseen end date
31 December 2022
Description
Digital content provider, TheSoul Publishing, has announced launching a recruitment campaign in Budapest. The number of jobs created surpasses 100. Out of the new jobs, 70 are for actors and videographers, but the firm is also looking for production, HR and IT professionals. The management hopes to fill most of the newly created positions before the end of 2022 and provide additional positions in the first half of 2023.
The Budapest site started operating in September 2022. The firm is at a stage of expansion: it has just opened a new studio in Riga and several offices in Cyprus, the country where the company's headquarters are located. The management wants to increase the firm's activity in the fields of virtual and augmented reality (VR & AR), video games and e-commerce, and further expand its music department.
Sources
16 November 2022: Budapest Business Journal (bbj.hu)
Citation
Eurofound (2022), TheSoul Studio Hungary, Business expansion in Hungary, factsheet number 107839, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107839.
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