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.
Mining / Quarrying Mining And Quarrying Extraction Of Crude Petroleum And Natural Gas 06 - Extraction of crude petroleum and natural gas
500 jobs Number of planned job creations
Announcement Date
26 September 2016
Employment effect (start)
1 June 2017
Foreseen end date
Description
British Petrol (BP) - an UK based multinational oil and gas company-  is planning to open a shared service center (SSC) in Szeged. 200 new jobs will have been created by mid 2017, and another 300 new jobs will have been created by 2020.  The 8 billon HUF (26 million Euros) investment is supported with a 1,9 billion HUF (6 million Euros) grant by Hungarian government.
Sources
27 September 2016: DélMagyar
26 September 2016: index.hu
26 September 2016: BBJ
Citation
Eurofound (2016), British Petrol, Business expansion in Hungary, factsheet number 88767, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88767.
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