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Baker McKenzie Advises BP on New Shared Service Center in Hungary

Baker McKenzie Advises BP on New Shared Service Center in Hungary

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Baker McKenzie Budapest has assisted British multinational oil and gas company BP on the establishment of a shared service center in Szeged, Hungary, scheduled to open on September 26, 2017.

The company will create a total of 500 new jobs in Szeged, Hungary’s Minister of Foreign Affairs and Trade Peter Szijjart announced last year, and he noted at the time that BP's HUF 8 billion investment was supported with a HUF 1.9 billion grant from the Hungarian state.

The new center will focus on growth areas of strategic importance for BP, including finance, accounting, supply, tax services, human resources, stock exchange trade and customer services. 

The Baker McKenzie real estate team advising BP was led by Partner Benedek Kovacs.

Baker McKenzie at a Glance

Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

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