Fressnapf and Nio reveal details to Directors about their BSC development plans

At the June "BSC Directors VIP Wine Tasting", organized by European Business Services Association with support of ABSL Hungary, the Directors of two of the newest BSCs in Hungary gave an update of their plans:

Markus Martens is running the new BSC of Fressnapf:

The business services center (BSC) aims to employ 150 people for this Germany-based leading European pet product retailer. The investment involves a training scheme of some EUR 884,000 to enhance skills of newly recruited staff.

German-owned Fressnapf has been a household name with local pet owners for two decades now in Hungary as the Group has over 50 stores all over the country. A European market leader in pet products, the company was founded in 1990 in Germany, and it is present in 11 countries on the continent.

The Hungarian operation, Fressnapf-Hungária Kft. is now taken to the next level with the support of HIPA.

Fressnapf International Business Services is providings a wide range of services such as Finance & Accounting, HR, payroll, procurement and Master Data Management in English, German and French languages. A call center is also planned.

Nio BSC:

Both Csaba Gyüre, Head of Accounting & Tax and Lajos Kecskeméti, Senior Manager HR EU Business Service Centre, attended the "BSC Directors VIP Wine Tasting" and gave the VIP audience some insights into Nio's plans and strategies.

Chinese electric-vehicle maker (EV) NIO celebrated the shipment of its first battery swap station from Biatorbagy, Hungary, to Germany on Friday, produced by NIO Power Europe, the company's first overseas plant. NIO said that the facility will support its commitment to installing 1,000 battery swap stations outside China by 2025. In the second half of this year, NIO's integrated power services and automotive products are said to be available in Germany, the Netherlands, Sweden and Denmark.
NIO's overseas factory is the epitome of Chinese enterprises' approach to the new-energy vehicle (NEV) industrial chain expanding its overseas footprint. China has already dominated the entire downstream NEV battery supply chain, namely cell components manufacturing, battery cells manufacturing and NEV manufacturing according to the International Energy Agency. China produces 75 percent of all lithium batteries and is home to 70 percent of production capacity for cathodes and 85 percent for anodes, both key components used in batteries. Among the world's top 10 power battery suppliers, Chinese companies account for half, with a market share of 37.3 percent. But Chinese enterprises are still accelerating their global layout to increase their capacities in mining and material processing, the upstream components of battery production.
Since lithium is an indispensable material for battery cell manufacturing, Chinese enterprises, including battery makers and carmakers, have sought to expand material exploration. For example, Ganfeng Lithium, China's No.1 producer of battery metal, started construction of the Mariana Lithium in Argentina in June. Zijin Mining Group acquired Canadian lithium miner Neo Lithium Corp in January. It is also reported that BYD was in talks to buy six lithium mines in Africa in June, with total reserves of lithium oxide at 2.5 percent grade estimated at more than 25 million tons.