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.