There are 43 Shared Service Centers (SSCs operating in Hungary, leasing combined office space of 200,000sqm, or almost 10pc of the total stock of category "A" office space, according to a fresh survey by real estate investor CA Immo and real estate consultant DTZ.
Real estate developers' earlier experience was that such centres, after their technology became outdated after 3-5 years of operation, moved further east where both workforce and office space leases are cheaper.
The latest trend, on the other hand, is that SSCs are being moved back from very cheap countries like India to the CEE region. Hungary has the advantage of the availability of well-qualified workforce with good language skills and an advanced level of infrastructure, CA Immo Managing Director Edit Gulyas was quoted by the statement.
EDS Hewlett Packard, IBM, British Telecom, Tata, GE and Diageo were among the first to choose Hungary as a location for business service centres that are still operating in the country.
Most SSCs were established in Budapest, but there are some exceptions:: IBM and Sapa in Szekesfehervar (C Hungary; Budapest Bank in Bekescsaba (E Hungary; and British Telecom and Vodafone in Debrecen (E Hungaryand Miskolc (NW Hungary, respectively, in addition to centres in Budapest.
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