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 Information Service Activities Digital Infrastructure Services 63.11 - Data processing, hosting and related activities
410 jobs Number of planned job creations
Announcement Date
29 June 2016
Employment effect (start)
Foreseen end date
Description
IBM Data Storage Systems Kft. is to expand its shared service centre in Székesfehérvár. The approximately HUF 3.2 billion ( approximately EUR 10 million) investment will create 410 new, highly skilled jobs. From this location, IBM will provide services to more than 300 western European companies.
The Hungarian Government contributes with a non-repayable subsidy of HUF 1.1 billion (approximately EUR 3.5 million) to the project based on an Individual Government Decision.
Sources
29 June 2016: Hirado.hu
29 June 2016: Napi.hu
Citation
Eurofound (2016), IBM Data Storage Systems, Business expansion in Hungary, factsheet number 88030, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88030.
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