While Europe is the most impacted region by the ongoing war in Ukraine, the IT service markets in Central and Eastern Europe (CEE) are expected to continue to grow by nearly 6% and 7% in 2022 and 2023, respectively. Many international technology companies have already opened their R&D centres in the CEE region.
Investments in software will drive most technology spending in Europe in 2022, and software will be the fastest-growing technology group. Eastern Europe, and Ukraine in particular, have highly skilled and experienced IT talent with deployable skills for broad range of outsourcing projects. The EU has launched a number of initiatives to study work transition dynamics in CEE that will shape employment standards in IT industry in the region in the next few years.
This high-level guide is designed to help companies wishing to use outsourced staff in CEE. It focus on eight jurisdictions: Bulgaria, the Czech Republic, Hungary, Poland, Romania, Slovakia, Turkey and Ukraine and provides information on key legal issues that arise when considering the use of outsourced IT personnel in the region.
