|huge new factory making flat screens in Slovakia|
3000 jobs are expected to be created by this development as well as more at suppliers' plants.
In related news Deutsche Telekom Shared Services s.r.o. (DTSS) will gradually be expanded to support all Group subsidiaries in Europe. These will subsume functions from other regions and served from Bratislava.
By late 2015, more than 500 additional jobs are expected to be created in Bratislava.
DTSS began handling various accounting processes for the Group subsidiary T-Systems in 2006. The accounting services provider was known as T-Systems VICOS GmbH until 2009. Bundling international accounting tasks in Bratislava will support the standardization of internal processes in high quality and thus improve efficiency while also lowering costs. Today, DTSS and its 100 employees already provide services to 14 international and nine associated German companies.
Stefan Hofbauer, Managing Director of DTSS: "The planned expansion of Deutsche Telekom Shared Services s.r.o. reflects our clear commitment to our operations in Bratislava. In just a few years we will be the central European organization responsible for handling many of the Group's accounting tasks."
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with around 128 million mobile customers, 36 million fixed-network lines and approximately 17 million broadband lines (as of March 31, 2011). The Group provides products and services for the fixed network, mobile communications, the Internet and IPTV for consumers, and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in over 50 countries and has around 244,000 employees worldwide. The Group generated revenues of EUR 62.4 billion in the 2010 financial year – more than half of it outside Germany (as of December 31, 2010).