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 62.02 - Computer consultancy activities
250 jobs Number of planned job creations
Announcement Date
10 September 2018
Employment effect (start)
10 September 2018
Foreseen end date
31 December 2018
Description
SAP Hungary, the Hungarian subsidiary of German software corporation SAP SE, is to raise its workforce to 1,200 by the end of 2018, the subsidiary’s CEO said in 10 September. The number of employees was about 950 in early September.
SAP Hungary achieved record turnover in 2017, due to the ongoing expansion of the company’s client base, and further growth is expected for 2018. A growing number of Hungarian companies from various sectors hire SAP to develop their information systems and to introduce business intelligence tools, but a number of major public sector agents and universities have established long-term cooperation with the firm as well.
Sources
Citation
Eurofound (2018), SAP Hungary, Business expansion in Hungary, factsheet number 95453, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95453.
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