Business expansion
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06 - Extraction of crude petroleum and natural gas

560 jobs
Number of planned job creations
Job creation
Announcement Date
24 March 2009
Employment effect (start)
17 November 2009
Foreseen end date
31 December 2010


In March 2009, British oil and gas company BP announced the creation of a new operations centre in Budapest. On 17 November 2009 at the opening ceremony of the new site the company had already hired and trained 300 employees. The company expects the new centre to be fully operational within four years  by when it will employ approximately 1,000 workers. BP benefited from a governmental grant to help investors creating new jobs. In 2010, BP will be also relocating 260 jobs from Germany (200 dismissals in Hamburg, 50 in Mönchengladbach and 10 in Uwe Franke) to Hungary. Prior to this business expansion, BP employed only 70 people.


  • 17 October 2009: Heti Világgazdaság
  • 28 October 2009: Világgazdaság
  • 24 March 2009: HR Portal
  • : (www.vg.hu)


Eurofound (2009), BP Magyarország, Business expansion in Hungary, factsheet number 70105, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70105.