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C&W: CR is best destination in Europe for manufacturing

09.05.2019
C&W: CR is best destination in Europe for manufacturing Source: Shutterstock

The Czech Republic is the most attractive destination in Europe for manufacturing companies that are trying to minimize economic and political risks. Globally it is third. This is based on the production risk index compiled by company Cushman & Wakefield (C&W). The head of the industrial space leasing team at C&W, Ferdinand Hlobil, stated that even though the Czech Republic is not among the cheapest countries from the perspective of the manufacturing industry, it has placed towards the top of the ranking thanks to high security, relative political stability, compared to its neighbors to Europe’s east, and economic and corporate stability.