The German KOSTAL Group – one of the world’s leading automotive supplier – is establishing its first global business service center in Budapest.
KOSTAL is present in 21 countries on five continents. According to plans, the project in Hungary will create 360 new jobs. The company is launching a HUF 1.15 billion (EUR 2.9 million) training program for future employees. The state is granting subsidies of HUF 570 million (EUR 1.4 million).
In terms of business service centers, Hungary has become a market leader in Central Europe in recent years. There are currently 156 business service centers in Hungary with a total of 70,500 employees – an increase of 53% over the past 5 years.