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 Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
300 jobs Number of planned job creations
Announcement Date
29 April 2005
Employment effect (start)
1 May 2005
Foreseen end date
31 December 2006
Description
SAP is the recognized leader in providing collaborative business solutions for all types of industries and for every major market. The company employs more than 32,000 people in more than 50 countries. In April 2005, SAP announced the creation of a Research and Development Centre in Budapest. SAP will employ 50 employees in the starting projects of the new organization in May 2005. The investment will create a total of 300 jobs by 2006.
Sources
29 April 2005: Világgazdaság
Citation
Eurofound (2005), SAP, Business expansion in Hungary, factsheet number 61495, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61495.
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