SAP Opens European Shared Services Center in Prague

September 21, 2005 by admin

SAP Executive Board Member Claus Heinrich and Deputy Prime Minister of the Czech Republic Martin Jahn led this morning’s official ribbon-cutting ceremony. Following the ceremony, Prof. Dr. Heinrich and Deputy Prime Minister Jahn toured the new facility, joined by Karolína Bočková, chief operating officer of CzechInvest, the Czech Republic’s investment and business development agency. “We are pleased that SAP chose the Czech Republic,” said Deputy Premier for Economics Martin Jahn. “The benefit of projects of this kind cannot be narrowed down only to just the investment size and number of jobs. Business support services bring with them state-of-the-art know-how and place the Czech Republic among the most advanced countries that are able to export intellectual work.”
SAP analyzed and evaluated 18 European cities to determine the best location for the new BSCE. The company ultimately chose Prague because of the city’s highly skilled and flexible workforce, advanced telecommunications and IT infrastructure, cultural compatibility and stable economic and political conditions. In addition, the city is ideally located within Central and Eastern Europe. “As a high performance company, it is SAP’s strategy to effectively and efficiently support core internal functions such as HR and F&A throughout the global business. In addition to providing HR and F&A services to SAP employees, the center also offers customers unique insight into how “SAP runs SAP” in performing these services,” said Claus Heinrich, member of the executive board, SAP AG. “The new BSCE here in Prague, with its highly skilled team, is a key milestone in executing to this strategy.”
“In recent years the Czech Republic has become a more and more attractive location for investments with higher added value – for research, development and services,” said Karolína Bočková, chief operating officer of CzechInvest. “Our goal is to gain the maximum number of similar projects. Besides other benefits we also have a well-prepared state aid scheme – companies here can receive subsidies for their business activity and subsidies for employee training and retraining.”

Source: SAP AG

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