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 "robotisation".

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.

Download the full report https://cofaceitfirst.com/blog/post-pandemic-production-relocation-an-opportunity-for-cee-countries