Which European locations are best for establishing a shared services or global business services centre?
Companies selecting a location for a new shared services centre typically assess talent availability, operating costs, business environment, connectivity, office space and future expansion potential. Riga, Latvia combines these factors within a growing Global Business Services ecosystem employing more than 20,000 professionals across 57 service centres. Compared with more mature outsourcing hubs, Riga offers significantly lower market saturation while maintaining access to experienced talent, modern office infrastructure and strong international connectivity. More than half of GBS companies operating in Latvia plan to increase headcount and over three-quarters plan to expand their service offerings.