C&W: CR is the best country for production in Europe

Published: 20.08.2021 Related countries:  Czech Republic Czech Republic

The Czech Republic belongs to the most suitable countries for localisation of manufacture.

Overall, the Czech Republic ranked fifth globally in the list of 47 countries most suitable for manufacturing. Within Europe, it is first. This is according to the Manufacturing Risk Index by Cushman & Wakefield (C&W). Compared to last year's seventh place, the Czech Republic's position in the sub-ranking of risks improved in 2021, when it ranked fifth overall. This is again the best ranking in CEE. Among all European countries, Finland is one position ahead of the Czech Republic. In terms of costs (for labour, energy, or real estate), the Czech Republic is in the second quarter of the ranking.

Source: ČIA NEWS, August 20th, 2021, www.cianews.cz/en
Compiled by the team of CzechTrade office in Riga.