News

CEE countries compete with China

24/09/2004

Central and Eastern Europe (CEE) remains a leading 'low-cost countries' (LCC) region for Western European markets, according to a new report from The Boston Consulting Group.


This, the report says, is particularly true for the automotive industry. Over 80% of all motor vehicles and trailers imported into Western Europe from LCC come from Poland, Hungary, the Czech Republic and Slovakia. Although China has an unbeatable cost advantage, it is not the leading import country for all industries.

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