Fressnapf, Europe’s largest pet food and equipment company, is to set up a service center in Budapest, Hungary, employing 150 people.
Levente Magyar, parliamentary state secretary at the Ministry of Foreign Affairs and Trade, said that the company is operating its regional headquarters in Hungary and is now taking another important step with the investment.
Fressnapf is creating another important added value in one of the fastest-growing Hungarian industries in recent years. More than 70,000 people already work in its domestic service centers, mostly young graduates who speak languages and are an important asset for the country’s growth, Magyar said.
The state secretary pointed out that despite the difficulties of recent years, the Hungarian economy has recovered, with one of the fastest economic growth rates in Europe in the second quarter.
Patrick Bontenakels, Regional Operations Manager of Fressnapf, said at the announcement that the company would be looking at further expansion in Central and Eastern Europe from Budapest and that it also saw a significant opportunity for online expansion in southern Europe. He stressed the company’s need for highly qualified staff.
According to Fressnapf’s website, the company has been present in Hungary since 2002 and operates a webshop in addition to more than 50 stores, with nearly 400 employees and achieving net sales of HUF 26.3 billion in 2021.