Business expansion
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

200 jobs
Number of planned job creations
Job creation
Announcement Date
17 November 2006
Employment effect (start)
1 January 2007
Foreseen end date
30 June 2008


The outgoing CEO of Ericsson's Hungarian unit announced its plans to expand the workforce in the next one and half a year by 200 employees. The Hungarian unit of Ericsson, the world's leading maker of wireless telecommunications equipment, expects to increase the number of researchers by the end of 2007, while the number of staff in services will rise as well. Ericsson Hungary spends about HUF 10 billion a year on innovation. The company controls 70% of Hungary's market for GSM and the second-generation mobile services infrastructure. It is the only company in Hungary to have built a third-generation wireless network. Ericsson Hungary's new CEO said at a press conference that the company aims to achieve a bigger share of the landline and mobile broadband internet market in Hungary.


  • 18 November 2006: Népszabadság
  • 18 November 2006: origo.hu


Eurofound (2006), Ericsson, Business expansion in Hungary, factsheet number 64481, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64481.