Advertise Here
Icon

Directory

IconActuaries
IconAssociations & Institutes
IconAuditors
IconBBBEE Consulting and Verification Agencies
IconBusiness Chambers
IconBusiness Process Management
IconBusiness Process Outsourcing
IconCall Centre Outsourcing & Sales
IconCompliance
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconDebit Order Collection Facilities
IconEducation and Training
IconFAIS
IconHuman Resources
IconInformation Technology and Software Partners
IconLegal
IconLife Insurance Companies
IconLife Insurance Products
IconOmbud
IconOutbound Sales
IconPolicy Administration
IconPolicy Trading
IconPublications
IconRe-insurance Companies
IconRegulatory Authorities
IconSales and Sales Management
IconSocial Grants (Government)
IconSurveys and Research
IconTraining Courses & Workshops
IconWellness Programs
Image
  Subscribe To »

POST-PANDEMIC PRODUCTION RELOCATION: AN OPPORTUNITY FOR CEE COUNTRIES?

Published

2020

Mon

27

Jul

Here are the main points addressed in this Coface study:

 

A favourable context

Foreign trade and inclusion in supply chains had already increased for Central & Eastern Europe (CEE) in recent years, boosted by most of its countries’ decision to join the European Union (EU) in 2004.

 

Strong assets

• An educated workforce

• Geographical proximity to Western Europe

• Low labour costs

• Relatively good infrastructure

• A stable business climate

• Improving productivity through greater use of automation and "robotization".

 

Various sectors concerned

• The automotive industry, the industrial backbone of the region

• But also: the production of machinery, chemicals, and electrical & electronic equipment, as well as the transport and storage sectors

• And new opportunities: outsourcing of services through digitalization and a large ICT talent pool

 

However, investments are necessary

New investments are needed for the region to gain a favourable position, especially in terms of automation and digitalization.

 

Grzegorz Sielewicz, Coface’s Central & Eastern Europe economist and author of this study, is available for further information.

 
Source: Coface
 
« Back to previous page Print this page » |
 

Breaking News »

Transformation Collection During COVID-19

While COVID-19 has created havoc on society, this change can contribute to positive opportunities in the way we do business within an enterprise moving forward. Rapid Collect can assist SME's and ...
Read More »

  

Liberty Drives Hope - and places the needs of ordinary South Africans at the core

                                    It was a desperate cry ...
Read More »

  

SAIA Successfully Holds Annual General Meeting (AGM) 2020

Johannesburg – At its first ever virtual Annual General Meeting (AGM) held on 23 July 2020, the South African Insurance Association (SAIA) successfully nominated a new SAIA Board of Directors composed of ...
Read More »

  

Lloyd’s approves new specialised syndicate to insure transportation of COVID-19 vaccine to emerging economies

Lloyd’s, the world’s leading specialist insurance and reinsurance market, today announced the creation and in principle approval* of its newest “syndicate in a box,” Syndicate 1796, set ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Retirement »

Image

Short-term »

Advertise Here
Image
Image
Advertise Here

From The Glossary »

Icon

Present Value:

The amount of cash today that is equivalent in value to payments to be received in the future. To determine the present value, each future cash flow is multiplied by a present value factor.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.