While Hungary, Poland and the Czech Republic are clearly the favorite East European destinations, leading corporates such as Accenture, HP Services, IBM Global Services, Siemens Business Services, Wipro and Genpact have established their presence in the lesser-known countries of Latvia, Romania, Belarus and Lithuania.
A recent report by AMR Research finds that:
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Companies are pushing further east, with Bratislava (Slovakia) and Bucharest (Romania) emerging as popular nearshore destinations |
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While Prague (Czech Republic) has been a popular destination, costs there are rising. Budapest (Hungary) and Warsaw (Poland) are comparatively cheaper
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As the larger East European cities become expensive, companies are starting to target the Tier 1 and Tier 2 cities in the region
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AMR expects companies to confine their global delivery presence to countries west of Russia, unless they find a big client pulling them there.
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