Nominations are now open in 18 categories for the 15th annual CEE Business Services Summit & Awards, set for 3–4 March 2027 in Warsaw at the five-star Westin Hotel. GBS Directors can see the Categories and Submit Nominations here. (Deadline to Submit: 19 November) This year, we have added several new categories that extend beyond
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Volkswagen Group reported (last week) its deepest quarterly loss since Dieselgate: a €5.9bn Q3 operating loss. Management stressed the need to accelerate restructuring. Reuters reported that Volkswagen’s restructuring programme envisages as many as 100,000 job reductions and potentially four German plant closures, while Wolfsburg itself remains €300m short of its cost-reduction target. What’s not clear […]
During the last week of October 2026, C.H. Robinson disclosed approximately $300 million of estimated net run-rate cost synergies. Its CEO said “Shared Services Savings” is one of the levers to achieve this ambitious target. Management described the programme as centralizing processes and functions, eliminating duplication and gaining efficiency across a larger enterprise volume. AI […]
On 29 October, ING CEO Steven van Rijswijk told investors that restructuring includes merging legal entities and consequently “merging back offices into one.” ING’s operates these primary hubs in CEE: ING Hubs Poland and Slovakia/Romania. ING expects around 400 redundancies globally as it restructures Wholesale Banking into Corporate & Institutional Banking. It booked €63m of […]
Xerox completed its acquisition of Lexmark on 1 July 2025. The transaction was valued at $1.5 billion including net debt and assumed liabilities. Xerox originally targeted more than $200m of cost synergies; at closing it said it expected approximately $240m of transaction-related cost synergies within two years. As part of that initiative, Xerox said it […]
Fresh recruitment from International Airlines Group’s Polish GBS includes Treasury Banking Analyst and Record-to-Report Analyst roles. IAG GBS supports the group containing British Airways, Iberia, Aer Lingus, Vueling, LEVEL and IAG Loyalty.
Biogen hiring shows its Warsaw GBS Procure-to-Pay operation managing payments not merely for Europe but for ECP affiliates, MART, Latin America, Brazil, US and Canada. The role also includes continuous process improvement and SME responsibilities.
Rolls-Royce is explicitly scaling Group Business Services as a corporate transformation lever, while Kraków is rapidly adding end-to-end Finance leadership, global data governance, Source-to-Pay improvement and change-management capabilities. Rolls-Royce Group Business Services confirms that the centre covers Finance, Procurement, HR, Data Analytics and Service Management. It directly connects the GCC with Rolls-Royce’s multi-year corporate transformation […]
We recently joined the Site Selectors Guild European Conference (28 October 2027) in Riga, an unusually useful opportunity to hear directly from the consultants who advise multinational companies on where to locate their next Global Business Services centre, manufacturing plant, technology operation, or R&D facility. The gathering brought togther 11 Site Selectors Guild members with […]
Source: City of Riga. 𝗪𝗵𝗮𝘁 𝗿𝗲𝗮𝗹𝗹𝘆 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝘄𝗵𝗲𝗻 𝗴𝗹𝗼𝗯𝗮𝗹 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗱𝗲𝗰𝗶𝗱𝗲 𝘄𝗵𝗲𝗿𝗲 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁? On 29 October, Riga hosted the Site Selectors Guild European Conference, bringing 11 of the world’s leading site selection consultants together with 50+ investment promotion professionals from across Europe and beyond. Mayor of Riga Viesturs Kleinbergs and Director of Riga Investment […]