Moving Company Centres To Budapest Good Investment
- 31 Jan 2014 8:00 AM
International companies that move their centres and research units to Budapest find one of Europe’s cheapest but most highly skilled workforces and a regional transport hub in the city, a report by the Realestate Roundtable Association and DTZ shows. Some 45% of people aged between 25 and 40 have high-school and university diplomas, it said.
The number of sought-after IT engineers has been steadily growing and around 1,100 students start such training each year. The average hourly cost of labour in the European Union was 25.8 euros in the third quarter of 2013, as against 8 euros in Hungary.
There are on average nine public transport stops per square kilometre in Budapest, almost double of that in Prague and Vienna. The Hungarian capital has direct transport links to all other capitals in the region and is connected to almost all European cities by air.
Source www.hungarymatters.hu
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