Peter Prokop
👤 Speaker
9
total appearances
Appearances Over Time
Podcast Appearances
Marketplace All-in-One
The oil sanctions leaving sailors adrift
The labour cost was 20% of the labour cost in Germany.
Marketplace All-in-One
The oil sanctions leaving sailors adrift
On the beginning, definitely.
Marketplace All-in-One
The oil sanctions leaving sailors adrift
Is it still a good bet going to Central Europe?
Marketplace All-in-One
The oil sanctions leaving sailors adrift
Yes, maybe.
Marketplace All-in-One
The oil sanctions leaving sailors adrift
On one hand...
Marketplace All-in-One
The oil sanctions leaving sailors adrift
You have still lower wages.
Marketplace All-in-One
The oil sanctions leaving sailors adrift
I would say 60% of the Western wages in Eastern Europe still.
Marketplace All-in-One
The oil sanctions leaving sailors adrift
But you have also high productivity.
Marketplace All-in-One
The oil sanctions leaving sailors adrift
So it's definitely competitive.