The business services sector in Prague reports a year-on-year growth of 20% and the same is expected for the next year. Prague business service centers currently employ 50 000 experts and plan to hire 5 000 more by the end of 2018, the latest report by the Association of Busines Services (ABSL) says. They aim to hire especially qualified people within the fields of finance, information technologies, logistics and human resources. The centers plan to hire part of this new workforce from abroad where they attract new talents through a number of projects. In Germany and the UK the centers reach the candidates through project Czech Your Talent, in France through a programme Czech Emploi.
Prague is still attractive for investors even with its higher costs compared to other regions within the Czech Republic. For example compared to Brno, Prague has up to 30% higher lease fees and 24% higher payroll costs.
1st March 2021
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