BUDAPEST – In an important announcement, the Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto has made an announcement that British retail giant Tesco Group will open a new business and Technology service center in the Hungarian capital, Budapest. He said that the new service center will provide jobs for young university graduates with good foreign language skills within the fields of payroll services, human resources administration, sales and customer services.

“The fact that more and more companies are setting up service centers in Hungary, where they are moving increasingly complex tasks that require more knowledge, is proof that the Hungarian economy is successfully transitioning into a new dimension,” Mr. Szijjártó told the Hungarian press.

“More and more large international companies are providing the background to their global operations via Hungarian service centers,” the minister said, adding that currently there are 110 service centers in the country employing over 50,000 university graduates.

With the growing demand for payroll services and other important services related to customers, new branches of companies are coming into the picture. In the field of payroll services, Boston payroll services are one such department which has made its new in the world. Also, enterprise payroll services have emerged rapidly with time.

The CEO of Tesco Central Europe Matt Simister said in a joint press conference with the Hungarian foreign minister than the determining factors in Tesco’s investment decision included Hungary’s economic performance, excellent infrastructure, the highly-trained Hungarian workforce and the good educational background in the country.