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
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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