Central and Eastern Europe Software Development Update
At Alten Capital, we continuously monitor four primary regions that supply technology and software development services: North America, Latin America (Latam), Central and Eastern Europe (CEE), and Asia, with India being the largest contributor. We previously shared perspectives here (https://alten.capital/blog/ce-europe-software-development-dynamics). This update reflects our ongoing assessment of regional changes driven by increasing global demand for technology talent and digital capabilities.
Companies seek scalable, cost-efficient delivery models worldwide. Within this context, CEE has strengthened its position as a key region for software development, supported by a growing talent base, competitive compensation levels, and proximity to major European markets.
Depending on the source, CEE comprises between 12 and 18 countries. The region’s proximity to Western Europe, combined with comparatively lower operating costs and a strong technical education base, continues to position CEE as an attractive destination for software development and technology services delivery for European companies and, increasingly, for North America.

These tables provide updated data for selected CEE countries, compiled from multiple sources. The FDI Net Inflows metric shows the percentage of foreign direct investment each country receives, ranging from -28.0% in Hungary to 6.2% in Serbia. Although figures may vary by source, they are intended to offer a general overview of regional trends.

As with any regional benchmarking, individual sources may report different values across categories. These figures are intended to offer a directional perspective on Central and Eastern Europe's ongoing development as a software and technology services region.
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