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 »

SANDWICH PANELS: A Burning Issue - Understanding the Risk

Sandwich Panel related fires have resulted in major property damage and business interruption losses over the years. What are Sandwich Panels? Sandwich Panels or Composite Panels are structures made ...
Read More »

  

LIBERTY MAKES BOLD DECLARATION IN NEW BRAND REFRESH

With a pay-off line 'In it with you' the insurer says the time to rely only on just its innovative heritage is gone. It’s time to evolve, to show up better, to connect more and truly be a life partner ...
Read More »

  

1Life research: South Africa’s women are financially savvy with more women having life cover, and keeping it, than men!

This Women’s Month, 1Life’s research celebrates South Africa’s women by demonstrating that they are financially savvy and leading the way. The research shows that 12% more women have ...
Read More »

  

The long-term effects of COVID could affect South Africans for years to come

A report commissioned by Insurer Liberty suggests the long-term health effects of COVID-19 could mean drastic changes ahead for many South Africans. Meanwhile, the medical and financial services industries are ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Retirement »

Image

Short-term »

Advertise Here
Image
Image
Advertise Here

From The Glossary »

Icon

Insured Peril:

Source of loss which is covered under an insurance policy.
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.