Restructuring events
European Restructuring Monitor (ERM)
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.
French pharmaceutical multinational Sanofi has announced the creation of 500 new jobs at its international service centre, the Budapest Hub, in Budapest, Hungary. The expansion was necessary to support the plan to gradually increase staff numbers by 500 by the end of 2026.
The service centre also serves as a knowledge and competency hub, employing an international team of professionals. The scope of the centre’s activities will be expanded to include support for Sanofi subsidiaries in the areas of process automation, data analysis and clinical trials. Approximately 75 per cent of the employees is Hungarian.
Sanofi is a French multinational pharmaceutical company, employing around 80,000 people globally and operating in over 170 countries.
Eurofound (2025), Sanofi-Aventis, Business expansion in Hungary, factsheet number 203486, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203486.