PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Lower Competition and Operating Costs Transform Romania into the Fastest-growing Outsourcing Hub in Europe Indicates Frost & Sullivan - Romania has been attracting many contract manufacturers due to low competition and operating costs, making it one of the fastest-growing electronics manufacturing services (EMS) markets in Eastern Europe
Lower Competition and Operating Costs Transform Romania into the Fastest-growing Outsourcing Hub in Europe Indicates Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/03/09 - Romania has been attracting many contract manufacturers due to low competition and operating costs, making it one of the fastest-growing electronics manufacturing services (EMS) markets in Eastern Europe.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

New analysis from Frost & Sullivan (smt.frost.com), Romanian Electronics Manufacturing Markets, finds that the markets earned revenues of over $1.6 billion in 2008 and estimates this to reach $3.38 billion in 2014.

"Romania has been leading the paradigm shift in contract electronics manufacturing, which has been driving EMS providers in search of lower cost locations in Central and Eastern Europe (CEE)," says Harish Natesan, Frost & Sullivan Research Analyst. "Attractive investment incentives and Romania's strategic location have also made the country a preferred destination for EMS providers. Romania is poised to emerge as one of the largest electronics outsourcing industry in the long-term."

Romania's strategic proximity to Western Europe combined with its low corporate taxation policies and low-cost labour force has made manufacturers realise that it is an ideal location for electronics manufacturing. Due to these multiple advantages, Romania is gaining the edge over other countries in the region.

The economic slowdown that spread to Europe in 2008 has had an adverse effect on Romania. Decreasing demand in key end-user segments has been restraining the market since 2008 and is expected to persist in 2009.

The global economic slowdown will impact market revenues appreciably in 2009 with market growth rates expected to fall. Consequently, electronics assemblers are downsizing labour and volumes to save on operating expenses and maintain profitability.

"Operating in Romania is considered by many EMS executives as being equivalent to operating in China, in terms of total landed costs," concludes Natesan. "Further, proximity to Western European markets and shorter supply chains has made Romania an irresistible location for EMS providers."

Romanian Electronics Manufacturing Markets is part of the Surface Mount Technologies Growth Partnership Service programme, which also includes research in the following markets: Hungarian Electronics Manufacturing Markets, Polish Electronics Manufacturing Markets, and Growth Opportunities in the Electronics Manufacturing Markets in the Czech Republic. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, please send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Joanna Lewandowska, Corporate Communications for Frost & Sullivan in Europe, at Joanna.lewandowska[.]frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit frost.com/gilglobal.

Romanian Electronics Manufacturing Markets / M317

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Lower Competition and Operating Costs Transform Romania into the Fastest-growing Outsourcing Hub in Europe Indicates Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

BASF’s iGloss Clearcoat Offers Higher Gloss and Improved Scratch-resistance on Vehicles
The Voith Paper Webshop Simplifies Ordering of Spare Parts and Provides Comprehensive Documentation Options
BASF Begins Production of Palatinol DOTP Plasticizer At its Pasadena, Texas Facility
ADNOC and Borealis Sign Agreement to Extend and Expand Joint Petrochemical Activities in Ruwais
LANXESS Launches New PBT Compound for Battery Components in Electric Cars
Hexagon Manufacturing Intelligence Releases PC-DMIS 2017 R2
BASF Releases Fendona CS Perimeter Pest Solution
Safran Invests in Cailabs - French Disruptive Startup Dedicated to Light Shaping Technologies
Voith Undertakes Pioneering Collaborative Study in Hydropower Modernization with the National University of La Plata, Argentina
Nexans Now Holds 100% of Nippon High Voltage Cable Corporation (NVC)
Tripp Lite Introduces the First USB Charger Safe for Patient-Care Vicinities
SCHOTT Equips Europe’s Largest Algae-based Omega-3 Production Facility with Glass Tubes
Voith and China Three Gorges Sign Strategic Cooperation Agreement
Hexagon Introduces New GLOBAL Advantage HTA Solution for Compressor Blade Measurement
LANXESS Expands Range of Membranes for Reverse Osmosis

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)