Cisco Systems

Type
Business expansion
Country
Hungary
Region
Közép-Magyarország; Budapest; Budapest
Location of affected unit(s)
Budapest
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.9 - Other information technology and computer service activities
62.90 - Other information technology and computer service activities
500 jobs
Number of planned job creations
Job creation
Announcement Date
29 April 2005
Employment effect (start)
Foreseen end date
31 December 2006

Description

Cisco Systems, the worldwide leader in networking for the Internet established a Technological Assistance Centre (TAC) in Budapest in April 2005. Cisco employs more than 34,000 employees worldwide. Employment in the centre is planned to increase by 500 highly qualified engineers in 2006.

Sources

  • 29 April 2005: Világgazdaság

Citation

Eurofound (2005), Cisco Systems, Business expansion in Hungary, factsheet number 61493, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61493.