Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Romania is losing its lohn auto and textiles companies în favour to Republic of Moldova, Macedonia or Serbia

The companies working in a lohn system have started to leave Romania, and they are choosing The Republic of Moldova, Macedonia or Serbia, says Valentin Malaescu, the CEO of packaging and relocation company Modpack. He believes that under the current wage pressures, in 5-10 years Romania’s lohn industry in automotive and textiles will no longer be competitive.  ”There are many signals that factories working in lohn, generally in the ...

Article accessible to subscribers only. Please login or subscribe.

More