{"id":5555,"date":"2024-02-06T13:58:28","date_gmt":"2024-02-06T13:58:28","guid":{"rendered":"https:\/\/kutia.net\/?p=5555"},"modified":"2024-02-06T13:58:30","modified_gmt":"2024-02-06T13:58:30","slug":"outsourcing-to-kosovo","status":"publish","type":"post","link":"https:\/\/kutia.net\/fr\/outsourcing-to-kosovo\/","title":{"rendered":"Outsourcing to Kosovo"},"content":{"rendered":"\n

Whether you’re an investor, entrepreneur, or policymaker, this blog aims to shed light on the great opportunities, key players, and legislative landscape in Kosovo’s ICT industry.  <\/p>\n\n\n\n

The Hidden Gem for Global Opportunities<\/strong> <\/h4>\n\n\n\n

With a population of 1.8 million, 56% of which is under 35 years old, Kosovo boasts a young and skilled workforce. The multilingual population and the widespread use of English make it an attractive destination for international businesses. Moreover, the official currency is the Euro, simplifying financial transactions for European entities. <\/p>\n\n\n\n

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Compliance and Trade Agreements<\/strong> <\/p>\n\n\n\n

Kosovo’s legislative framework is harmonized with European Union standards, making it easier for EU-based companies to operate in the country. Kosovo is a member of several international trade agreements, including the Stabilization and Association Agreement (SAA) with the EU and the Central European Free Trade Agreement (CEFTA). It also enjoys free trade with Turkey and the United Kingdom. Understanding this legislative landscape is crucial for businesses aiming to establish a foothold in Kosovo. <\/p>\n\n\n\n

The Economic Landscape<\/strong> <\/p>\n\n\n\n

The country’s economy is on an upward trajectory, with a GDP of US $9.43 billion in 2022 and a growth rate of 10.7%. The financial sector is diverse, featuring 11 private banks, 14 insurance banks, and 11 microfinance institutions. This robust economic landscape offers fertile ground for investments, particularly in the ICT sector. <\/p>\n\n\n\n

The Heart of the Matter: Kosovo’s ICT Sector<\/strong> <\/p>\n\n\n\n

The ICT sector is the fastest-growing industry in Kosovo, both in terms of companies and overall turnover. The government has designated this sector as one of its six priorities for the years 2021-2025. The investment in training IT company employees in Kosovo has increased by 43% from 2021 to 2022, according to the STIKK Association, Kosovo IT Barometer Report 2023. Remarkably, Kosovo has the highest internet user penetration in Europe at 96.4%, making it a digital-first country. The sector is fully operational on Cloud platforms, and there’s a concerted effort to make it the main driver for economic growth. <\/p>\n\n\n\n

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The Talent Pool<\/strong> <\/p>\n\n\n\n

Kosovo produces over 2,600 graduates annually in IT and electronic engineering. The employment growth in IT companies has been 30% since 2017, and the export growth is also impressive at 30% since 2020. This highly educated workforce fuels the ICT sector, making Kosovo an attractive destination for global companies. <\/p>\n\n\n\n

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Key Stakeholders in the ICT Sector<\/strong> <\/p>\n\n\n\n

Several organizations and ministries play a pivotal role in shaping the ICT landscape in Kosovo. These include: <\/p>\n\n\n\n