Business

Tesco Group to open service centre in Hungary

The Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that British retail giant Tesco Group will open a new business and technological service centre near Budapest.

Mr Szijjártó said the new service centre will provide jobs for young university graduates with good foreign language skills within the fields of payroll services, human resources administration, sales and customer services.

“The fact that more and more companies are setting up service centres in Hungary, where they are moving increasingly complex tasks that require more knowledge, is proof that the Hungarian economy is successfully transitioning into a new dimension,” Mr Szijjártó told the Hungarian press.

“More and more large international companies are providing the background to their global operations via Hungarian service centres,” the minister said, adding that currently there are 110 service centres in the country employing over 50,000 university graduates.

In a joint press conference with the Hungarian foreign minister, CEO of Tesco Central Europe Matt Simister said that the determining factors in Tesco’s investment decision included Hungary’s economic performance, excellent infrastructure, the highly-trained Hungarian workforce and the good education background in the country.

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