Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Del-Alfold; Csongrad
Location of affected unit(s)
Szeged
Sector
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06 - Extraction of crude petroleum and natural gas

500 jobs
Number of planned job creations
Job creation
Announcement Date
26 September 2016
Employment effect (start)
1 June 2017
Foreseen end date

Description

British Petrol (BP) - an UK based multinational oil and gas company- is planning to open a shared service center (SSC) in Szeged. 200 new jobs will have been created by mid 2017, and another 300 new jobs will have been created by 2020. The 8 billon HUF (26 million Euros) investment is supported with a 1,9 billion HUF (6 million Euros) grant by Hungarian government.


Sources

  • 27 September 2016: DélMagyar
  • 26 September 2016: index.hu
  • 26 September 2016: BBJ

Citation

Eurofound (2016), British Petrol, Business expansion in Hungary, factsheet number 88767, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88767.