Czech Republic is best destination in Europe for manufacturing

Published: 28.04.2019 Related countries:  Indonesia Indonesia

CR is the most attractive country in Europe regarding economic and political risks

The Czech Republic is the most attractive destination in Europe for manufacturing companies that are trying to minimize economic and political risks. In a global ranking, Czech Republic, ranks 3rd.

This ranking is based on the production risk index compiled by analyst company Cushman & Wakefield (C&W). The head of the industrial space leasing team at C&W, Ferdinand Hlobil, stated that even though the Czech Republic is not among the cheapest countries from the perspective of the manufacturing industry, it has placed towards the top of the ranking thanks to high security, relative political stability, compared to its neighbors like Slovakia, Hungary or Poland (Europe’s east), and economic and corporate stability.

Source: www.cianews.cz

Provided by: CzechTrade Jakarta