Wall Street Journal: Vodafone likely to choose Romania over Hungary for new software center

17 December 2012

Vodafone could choose Romania as the site for a new software development center, according to the Wall Street Journal. The economic news service makes the prediction in an article on the somewhat strained relationships between the Hungarian government and businesses.

The president of Vodafone Hungary complained about a lack of discussion with stakeholders before the implementation of new legislation that has, at times, had a large impact on businesses operating in the country. “It’s unclear what the agreements are about. There’s no forum to discuss telecommunications issues, no dialogue, while drastic changes have hit us over the past three-four months,” Vodafone Hungary president Gyorgy Beck told the Wall Street Journal.

Although the article originally indicated that Romania had already been chosen as the site for a new software development center, it was later corrected to say that discussions between Vodafone and the Hungarian government were ongoing. But the Wall Street Journal still fancies Romania as the eventual winner. “Romania has better chances at present that it will be chosen above Hungary as the site for Vodafone’s new software development center because of its more favorable tax regime and higher number of IT specialists,” writes the Wall Street Journal.

Read the Wall Street Journal article.

Liam Lever, liam@romania-insider.com

Normal

Wall Street Journal: Vodafone likely to choose Romania over Hungary for new software center

17 December 2012

Vodafone could choose Romania as the site for a new software development center, according to the Wall Street Journal. The economic news service makes the prediction in an article on the somewhat strained relationships between the Hungarian government and businesses.

The president of Vodafone Hungary complained about a lack of discussion with stakeholders before the implementation of new legislation that has, at times, had a large impact on businesses operating in the country. “It’s unclear what the agreements are about. There’s no forum to discuss telecommunications issues, no dialogue, while drastic changes have hit us over the past three-four months,” Vodafone Hungary president Gyorgy Beck told the Wall Street Journal.

Although the article originally indicated that Romania had already been chosen as the site for a new software development center, it was later corrected to say that discussions between Vodafone and the Hungarian government were ongoing. But the Wall Street Journal still fancies Romania as the eventual winner. “Romania has better chances at present that it will be chosen above Hungary as the site for Vodafone’s new software development center because of its more favorable tax regime and higher number of IT specialists,” writes the Wall Street Journal.

Read the Wall Street Journal article.

Liam Lever, liam@romania-insider.com

Normal
 

facebooktwitterlinkedin

1

Romania Insider Free Newsletters