One of Romania's main competitive advantages at this moment, its being a low-cost location for major Western companies, will lose its edge in 2020 and the alternative is for the country to become a research & development lab for the same entities, believes Codruţ Pascu, managing director with the domestic office of Roland Berger.
"A way must be found for us to stand out and remain competitive in terms of goods and foreign trade services. One of the challenges Romania and Central and Eastern Europe are facing is the capacity to tie up with the main players in economies such as Germany and Italy," said Codruţ Pascu in an interview with ZF.
Thus, Romania stands the chance of becoming a testing and development lab for products multinationals will then sell on Central and East European markets.
Another chance for the domestic market would be the one of it turning into a base for companies from the Asia-Pacific area that want to develop services for the European market.
The conclusions are part of a survey about Romania and other Central and East-European countries in 2020 the consultancy carried, which also includes a poll among managers regarding their expectations in this period.
One of Romania's main competitive advantages at this moment, its being a low-cost location for major Western companies, will lose its edge in 2020 and the alternative is for the country to become a research & development lab for the same entities, believes Codruţ Pascu, managing director with the domestic office of Roland Berger.
"A way must be found for us to stand out and remain competitive in terms of goods and foreign trade services. One of the challenges Romania and Central and Eastern Europe are facing is the capacity to tie up with the main players in economies such as Germany and Italy," said Codruţ Pascu in an interview with ZF.
Thus, Roman
