Budapest in Forefront Among Developing Tech Cities - CBRE

  • 28 Aug 2025 9:28 AM
Budapest in Forefront Among Developing Tech Cities - CBRE
Budapest is among the leading developing technology centres in the world, with a well-trained workforce and competitive wages, property consultancy CBRE told MTI.

Drawing on its Global Tech Talent report, CBRE said remuneration for tech talent in Budapest was among the most competitive in Europe. However, it also highlighted the challenge of talent retention in a city where 30pc of salaries goes toward housing, a rate unmatched in any of the other 74 cities surveyed in the report.

Budapest's tech talent pool stands under 100,000, putting it in the same group as Bucharest, Zagreb or Lisbon, CBRE said. Warsaw has over 150,000 tech workers and Prague close to 100,000.

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Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

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