Many manufacturing companies from the USA and Asia are looking for ways to reduce their costs, improve their quality, and access new markets. One of the strategies they are considering is insourcing back in Europe, or bringing some of their production activities closer to their customers and suppliers in the European Union. But where should they locate their European operations? One of the most attractive options is Romania, a country that offers many advantages for manufacturing businesses. Here are some of the reasons why Romania is a great entry point for EU manufacturing: Low labor costs Romania has one of the lowest average wages in the EU, at around 800 euros per month. This means that labor-intensive industries can benefit from significant savings on their payroll expenses, while still maintaining high standards of quality and productivity. Skilled workforce Romania has a well-educated and talented workforce, with a high percentage of young people who speak English and other for...
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