25.09.2012 Views

CEE in 2020 – Trends and perspectives for the next ... - Roland Berger

CEE in 2020 – Trends and perspectives for the next ... - Roland Berger

CEE in 2020 – Trends and perspectives for the next ... - Roland Berger

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

4 EFFICIENCY<br />

In <strong>the</strong> medium term, <strong>the</strong> ma<strong>in</strong> advantage of <strong>CEE</strong> will still be<br />

its competitive labor costs<br />

Unit labor costs <strong>in</strong> % of EU-15, 2009 [%] <strong>–</strong> "Erste Group" analysis<br />

Slovakia<br />

Pol<strong>and</strong><br />

Hungary<br />

Croatia<br />

Bulgaria<br />

Czech Republic<br />

Romania<br />

Austria<br />

Slovenia<br />

Source: Eurostat; Erste Group<br />

70<br />

74<br />

80<br />

81<br />

81<br />

84<br />

94<br />

102<br />

103<br />

COMMENTS<br />

> Unit labor costs put<br />

productivity <strong>in</strong> relation to<br />

compensation<br />

> The <strong>CEE</strong> average with<strong>in</strong> <strong>the</strong><br />

EU is about 83% of <strong>the</strong> EU-15<br />

average<br />

> Especially Slovakia, Pol<strong>and</strong><br />

<strong>and</strong> Hungary will rema<strong>in</strong><br />

attractive production locations<br />

> Countries like Austria <strong>and</strong><br />

Slovenia have to score with<br />

<strong>in</strong>novation <strong>and</strong> bus<strong>in</strong>ess<br />

sophistication<br />

<strong>CEE</strong>_<strong>in</strong>_<strong>2020</strong>_Study.pptx<br />

20

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!