The Vodafone group plans to relocate its global centre of IT services from India to Romania or Hungary, according to Euroinvestor, which quotes Dow Jones. Romania has more chances to attract this investment than its western neighbour. Although negotiations with Budapest authorities continue, a press release issued by Vodafone Hungary mentions that Romania has more chances to attract this investment, because of the fiscal incentives it enforced. During April-September, the first half of fiscal year 2012-2013, Vodafone Romania had incomes of GBP 311 M (EUR 388.75 M) and an EBITDA figure of GBP 119 M (EUR 148.75 M).
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