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 62.09 - Other information technology and computer service activities
400 jobs Number of planned job creations
Announcement Date
7 October 2016
Employment effect (start)
Foreseen end date
Description
General Electric (GE), an American multinational conglomerate corporation, will have created 400 new highly qualified IT jobs in Budapest by 2017 by opening a HUF 8 billion (EUR 26 million) Global Digital Development Centre. GE is the largest American investor and employer in Hungary. The company has 9,000 employees in manufacturing and additional 1,500 employees in digital industry in Hungary.
Sources
7 October 2016: mfor.hu
7 October 2016: BBJ
Citation
Eurofound (2016), General Electric, Business expansion in Hungary, factsheet number 88891, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88891.
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