Avis Budget Group Inc. has further expanded its Business Support Center (BSC) in Budapest, Hungary. The center will now include operations and sales support services for the company's Europe, Middle East and Africa (EMEA) region.
Following the acquisition of Avis Europe in October 2011, the initiative streamlines operations across the region and adds approximately 150 new positions at the facility — bringing the total number of employees to more than 700.
"We remain focused on reducing our fixed cost base and driving efficiency throughout the region," said Larry De Shon, president, EMEA, Avis Budget Group. "We are proud of the progress we've made in delivering acquisition synergies and are confident that the Business Support Center will contribute millions of dollars in annual savings by 2015."
The BSC was established in January 2004, making Avis Budget one of the first international companies to set up a regional service center in Hungary. More recently, in March, the Hungarian Investment and Trade Agency (HITA) named Avis Budget Group as "Business Expansion of the Year for Regional Centers," says the company.