General Electric

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
400 jobs
Number of planned job creations
Job creation
Announcement Date
7 October 2016
Employment effect (start)
Foreseen end date

Description

General Electric (GE), an American multinational conglomerate corporation, will have created 400 new highly qualified IT jobs in Budapest by 2017 by opening a HUF 8 billion (EUR 26 million) Global Digital Development Centre. GE is the largest American investor and employer in Hungary. The company has 9,000 employees in manufacturing and additional 1,500 employees in digital industry in Hungary.

Sources

  • 7 October 2016: mfor.hu
  • 7 October 2016: BBJ

Citation

Eurofound (2016), General Electric, Business expansion in Hungary, factsheet number 88891, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88891.