The foreign minister has revealed that US-based tech consultancy and development company HTEC will invest HUF 4.7 billion (EUR 12.6m) to set up IT centers in four Hungarian cities.
Speaking in Szeged, in southern Hungary, on Tuesday, Péter Szijjártó said HTEC will set up the IT centers in the capital, Debrecen, Szeged and Pécs, creating over 600 jobs. He said the project would help educated young people find jobs and helps young professionals to remain “not only in Hungary but in cities outside Budapest”. Such projects can greatly contribute to a “dimension shift in Hungary’s economy”, he added. The government will support the investments with a HUF 700 million grant, he added. HTEC will staff the IT center in Budapest with 250 people. The other three centers will each have a headcount of 120.
Photo credit: MTI