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 / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
400 jobs Number of planned job creations
Announcement Date
30 May 2014
Employment effect (start)
Foreseen end date
31 December 2014
Description
American software company EPAM Systems announced the creation of 400 new jobs in Hungary. As reported by the end of 2014 the total workforce wil be 1,200 people. EPAM deals with complex software product engineering for software and technology vendors, as well as development, testing, maintenance, and support of mission critical business applications and vertically oriented IT consulting services.
Sources
30 May 2014: Világgazdaság
30 May 2014: Híradó
3 June 2014: BBJ
Citation
Eurofound (2014), Epam Systems Hungary, Business expansion in Hungary, factsheet number 77119, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77119.