The industrial manufacturing in Emerging Europe continues to attract foreign investment, growth of orders and requests from overseas clients in search for new suppliers. Industrial manufacturing continues to grow in Emerging Europe.
Are you interested in the developments and the opportunities presented by the Industrial Manufacturing sector in Emerging Europe? Are you looking outsource part of your production and assembly in Eastern Europe? Email us at europa@frdcenter.ro for more details. Here are some details for your information: https://market-entry-romania.blogspot.com/2020/07/manufacturing-in-emerging-europe.html
According to the official statistics monitored by the market entry consulting firm FRD Center, the majority of the countries in Emerging Europe have been registering increases of their industrial manufacturing in the first eight months of 2021. Industrial manufacturing continues to grow in Emerging Europe.
For example, in Lithuania, between January–August 2021, the industrial production totalled 17.2 bnEUR at current prices and, compared to the same period of 2020, calendar adjusted, increased by 17.2% at constant prices. More details in the Lithuanian Official Statistics portal at https://osp.stat.gov.lt/en/informaciniai-pranesimai?articleId=9214667
As for Romania, in the first eight months of the year, the total output increased by 12.7% YoY. According to the National Statistics Institute, the Romanian production of electric and electronic devices continues growing at robust rates. Other manufacturing sectors, such as construction materials and metallic constructions, maintain on an upward trend.
The Romanian manufacturing industry went up 13.7% and the production and supply of electricity, gas, steam and air conditioning went grew by 12.3%. Y-o-y, in August 2021 the Romanian industrial production (unadjusted data) increased by 3%, as a result of increases in the production and supply of electricity, gas, heat and air conditioning (+ 7.4%), manufacturing industry (+ 2.5%) and the mining and quarrying sector (+ 0.5%). More details on the Romanian Statistics Institute website at the https://insse.ro/cms/en
For an example of a FRD Center project to support the identification of New Vendors in Eastern Europe: Metal sheet parts new vendors identification in Eastern Europe for global industrial manufacturing companies please consult the link: https://www.frdcenter.ro/portfolio/metal-sheet-parts-new-vendors-identification/
The FRD Center “demo” report covers various aspects of the Manufacturing in Emerging Europe: Bulgaria, Czech Rep, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey. It is available for free download and consultation at https://www.frdcenter.ro/wp-content/uploads/2020/07/Manufacturing-in-Emerging-Europe-A-Multi-country-Market-Research-by-FRD-Center.pdf
Are you looking outsource part of your production and assembly in Eastern Europe? Are you looking for new suppliers in Romania and the region? If you need the FRD Center support and assistance with new suppliers search and selection email us at europa@frdcenter.ro for more details.
Industrial manufacturing continues to grow in Emerging Europe.
In regards to Slovenia, compared to August 2020, the total value of industrial production in August 2021 was higher by 8.4%. It was higher in manufacturing (by 9.8%) and in electricity, gas, steam and air conditioning supply (by 1.4%). Compared to August 2019, the total value of the Slovenian industrial production in August 2021 was higher by 5.7%. More details in the Slovenian Statistics Office website at: https://www.stat.si/StatWeb/en/News/Index/9902
For an example of a FRD Center project to support the market development in Eastern Europe of a Scandinavian Metallurgical Group consult the link https://www.frdcenter.ro/portfolio/case-study-fourteen-market-development-scandinavian-metallurgical-firm/
Industrial manufacturing continues to grow in Emerging Europe. The Hungarian industrial production rose by 10.3 % YoY in July 2021, following an increase of 18.6% YoY in the previous month. More details at https://www.ceicdata.com/en/indicator/hungary/industrial-production-index-growth
In August 2021, the volume of industrial production in Hungary grew by 2.6% year-on-year, according to raw data. In the first eight months of the year, Hungarian production output was 15.3% higher than in January-August 2020. More details in the article published at https://bbj.hu/business/industry/manufacturing/industrial-production-up-in-august
Here are some more details about the Industrial Manufacturing in Emerging Europe in the COVID19 pandemic at https://market-entry-romania.blogspot.com/2020/09/east-european-manufacturing-sector-is.html and also at https://market-entry-romania.blogspot.com/2020/07/manufacturing-in-emerging-europe.html
According to the Polish Statistics Office GUS, in August 2021, Poland’s industrial production growth expanded 13.2% year-on-year after growing 9.8% y/y in July. More details at the link https://stat.gov.pl/en/topics/industry-construction-fixed-assets/industry/production-of-major-industrial-products-in-august-2021,2,106.html
For an example of a FRD Center project to support an Irish private equity investment fund focusing on renewable energy to identify acquisition targets in Romania, wind farms go to https://www.frdcenter.ro/portfolio/ma-advisory-in-renewable-energy/
Industrial manufacturing continues to grow in Emerging Europe.
As for Bulgaria, its industrial output rose by 10.8% year-on-year in August, following an annual increase of 8.6% in the previous month, according to the National Statistical Institute (NSI) quoted in the article https://seenews.com/news/bulgarias-industrial-production-grows-108-yy-in-aug-table-756758
Are you searching for new suppliers? Are you looking to identify new vendors in the low-cost-countries in Eastern Europe? Perhaps the FRD Center team can be of assistance to you. Here are more details for your info: https://market-entry-romania.blogspot.com/2021/03/analysis-of-industrial-manufacturing.html
For over 20 years, FRD Center assists important foreign manufacturers identify new suppliers in Eastern Europe. Some of our Clients include General Motors, Marangoni Meccanica, Innovatec and others.
Email us at europa@frdcenter.ro for more details
The FRD Center Client for a recent technology sourcing for automotive OEM project was a major global automotive manufacturer. Their regional office in Eastern Europe, based in Poland, requested FRD Center’s support in identifying and selecting local companies offering specialised complex 3D CAD supported technology manufacturing process in view of sourcing to them certain operations. They hired FRD Center for our services of identification and selection of local technology companies for automotive OEM. More details at https://www.frdcenter.ro/portfolio/technology-sourcing-for-automotive-oem/
