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Tibor Farkas

Procurement Manager at CTP

Tibor Farkas is a seasoned procurement professional currently serving as a Procurement Manager at CTP since April 2022, where responsibilities include collaborating with various departments to support new work goals and developing procurement strategies. Previously, Tibor worked at BorgWarner Inc. as a Senior Strategic Buyer from August 2018 to March 2022, managing a portfolio with an annual spend of EUR 31 million and fostering long-term partnerships. Tibor also gained significant experience at Denso Manufacturing Hungary Ltd. as a Strategic Buyer from May 2014 to August 2018, where procurement responsibilities included steel purchasing, increasing managed spend from EUR 10 million to EUR 47 million and leading a global project that yielded EUR 400k in savings. Early career experience includes a traineeship at Balluff Elektronika Kft. Tibor holds a Master's degree in Science Management and Leadership with a specialization in Management Consulting, as well as a Bachelor's degree in Business Administration and Management from the University of Pécs.

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