Tag Archives: edge prep

Poland is Fighting to Compete in The Global Manufacturing Economy

Posted on June 9th, 2017
Poland Manufacturing

  What is the future of global manufacturing in Poland? Although economists are skeptical of how the US political climate may affect future growth they remain cautiously optimistic. With its bounce back from communism in the 90’s and recent developments, Manufacturing in Poland is defying the odds. Currently, Poland holds an active stance in the electronics market, producing about 35% of all televisions sold throughout Europe. The number of exports continues to grow year-after-year. Growth that is not expected to halt anytime soon. According to the Global Economic Prospects report, economic growth in Poland will increase by 3.1%, up to half a percent higher than last year. Fall of Communism Poland found itself in an awkward position after the fall of communism. Although they had an abundant amount of natural resources and an excellent infrastructure for produce consumer goods, they…

The Manufacturing Industry is Essential to The Czech Republic

Posted on June 2nd, 2017
Czech Republic flag

The Austro-Hungarian Empire was once one of the greatest world powers and the second largest country, following Russia. It’s manufacturing industry was the fourth largest, producing energy and exporting goods across the world. The Czech lands were the core of manufacturing strength. When the Empire split up, Czechoslovakia remained a world leader. Manufacturing is still essential to the Czech Republic, making up 35% of the economy and close to 40% of the jobs. Their abundant natural resources and sound transportation systems add to their success in manufacturing. Being centralized in Europe with trade agreements that link Western Europe to Russia, the Czech Republic attracts a lot of foreign investment. Automotive: Like the rest of central Europe, the automotive industry is one of the most important sectors in the Czech Republic. More than fifty percent of all exports are automotive products….