Economy
Systemax to set up new services centre in Budapest, create 200 jobs
Systemax Inc. is a Fortune 1000 company and leading retailer of brand name and private label products, including personal computers, notebook computers, consumer electronics, computer-related accessories, technology supplies and industrial products.
The new services centre will be tasked with supporting Systemax’s pan-European expansion strategy, conducting administrative and back office operations and improving the company’s operating efficiency. The facility, which will be helmed by Sandy Price, executive Vice President at Systemax Europe Ltd. in charge of the EMEA region, will also serve as the centre for Systemax’s Central and Eastern European marketing activities.
Systemax has looked at several potential target countries in eastern Europe before choosing Hungary as the home for its new services centre for the EMEA region. Besides the location the key considerations included the good infrastructure and well-trained local labour force.
In 2011, Systemax upped its consolidated sales 3% to a record USD 3.7 billion. Business to business channel sales grew 12% to USD 2.0 billion and its operating income grew 17% to USD 80.5 m.
The new services centre will be tasked with supporting Systemax’s pan-European expansion strategy, conducting administrative and back office operations and improving the company’s operating efficiency. The facility, which will be helmed by Sandy Price, executive Vice President at Systemax Europe Ltd. in charge of the EMEA region, will also serve as the centre for Systemax’s Central and Eastern European marketing activities.
Systemax has looked at several potential target countries in eastern Europe before choosing Hungary as the home for its new services centre for the EMEA region. Besides the location the key considerations included the good infrastructure and well-trained local labour force.
In 2011, Systemax upped its consolidated sales 3% to a record USD 3.7 billion. Business to business channel sales grew 12% to USD 2.0 billion and its operating income grew 17% to USD 80.5 m.
