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Cosmo Consult to establish service centers in Debrecen, Szeged

Innovation

The Hungarian office of Cosmo Consult Group, an international company providing enterprise IT solutions, announced that it will establish new IT development and service centers in Debrecen and Szeged.

The company, active in 16 countries around the world, is set to create a total of 50 new jobs for IT professionals.

The Hungarian government will also provide support for the investment through the Hungarian Investment Promotion Agency (HIPA).

Cosmo Consult Group, founded in Germany in 1996 is one of the world’s leading partners for Microsoft Dynamics products supporting the digital transformation of companies around the world. The company is committed to Microsoft technologies and places heavy emphasis on helping its clients around the world to access the latest technological innovations provided by Microsoft.

The enterprise resource planning systems (ERP) and business IT solutions marketed worldwide by Cosmo Consult have undergone significant transformation due to technological advances and the spread of cloud solutions. 

The main roles of the new units will be to support the group’s existing and future clients worldwide in the upgrade to the latest version of Dynamics 365 Business Central system. In addition, unique industry solutions will be developed in the regional centers in the future.

The group says that its aim is strengthening its leading position in the Hungarian market, while retaining its present services and reaching new market segments too.

Last year, the Hungarian subsidiary of Cosmo Consult achieved a net sales revenue of nearly HUF 2 billion. Currently, the company employs about 130 IT professionals in its offices in Budapest and Sopron.

“Nowadays, we hear a lot about Debrecen when it comes to investments, and I think this is good news for all of us, as it is an embodiment of government and mayoral policies that focus on job creation and investments,” said Péter András Sztáray, State Secretary for Security Policy of the Ministry of Foreign Affairs and Trade. “We are very glad that Consmo Consult Group has also found one of its new headquarters in Debrecen, I believe that this will prove to be a successful investment for them as well.

"The further success of the company will definitely be facilitated by the fact that there is a very serious institutional system at the local level in the city. With the opening of the new center, at least 50 jobs will be created, which is a huge value in itself, from which the city can also benefit. It is not surprising that the state also wanted to support the investment, as the business services sector is an extremely dynamically developing area, it can be said that it will be one of the most important sectors of the future within the service industry,” he added.

László Papp, Mayor of Debrecen, noted, “I am glad that yet again a group of companies with an impressive history and dedicated to train a new generation of professionals, decided to establish its new services center in Debrecen. Debrecen sees two ways of strengthening its regional position further: economic and educational development. Which lends even greater significance to the fact that a company oriented to training and education has chosen Debrecen as its new location."

Uwe Bergmann, CEO and founder of Cosmo Consult explained that “The Hungarian subsidiary is of key importance to Cosmo Consult Group, as internationally competitive, highly qualified and experienced professionals are available as employees in the country. This, in turn, contributes to providing high-quality services to our partners in both the Hungarian and international markets. Hungary’s countryside regions are undergoing dynamic economic development, making them highly attractive investment locations. Therefore, we have decided to establish our new development centers in Debrecen and Szeged."

Anett Polocz, managing director of Cosmo Consult in Hungary underlined, “We are very proud that, based on our experience in the industry, the Hungarian government, with the help of HIPA, is supporting our expansion plans and the opening of our new office in Debrecen and Szeged. We are confident that we can provide an environment for our 50 newly arriving colleagues where innovation and the use of the latest technologies will be part of the daily work."

"This is a huge milestone in the life of our company, and we believe that with this step we can support the countryside regions and the whole of Hungary as well in technological development. We strive to build a country-wide operation in Hungary as well, therefore it was extremely important to have an office in Debrecen and Szeged besides the ones in Budapest and Sopron. The new office will make a significant contribution to achieving a planned 50% growth in Hungary within two years,” she added.

In connection with its new development center, Cosmo Consult implemented strategic cooperation with training centers and the University of Debrecen. Within the framework of the latter, a dedicated course will be launched as part of the university’s IT training program, in which students can acquire special IT expertise.

The group is set to open its Debrecen office in the coming days. The center in Szeged is expected to open in early 2022.

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