Thursday 23 September 2010

The next European hot spot!


Audi is to invest 900 million Euros in Hungary see article. This can only be fantastic for Hungary, but possibly a kicker for Germany.
Although the finish of the car is most likely to be indifferent than if it was to be manufactured in Germany, the difference to Audi is purely the bottom line.
But should cost be the main factor when relocating or setting up satellite plants? It would be interesting to see how many other businesses follow suit and set up manufacturing plants in Hungary over the next 10 years.
With the EU being borderless in terms of labour force and trade, will there be a further exodus of British manufacturing to foreign climates?

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