The Cushman & Wakefield Manufacturing Risk Index (MRI) brings together a range of important indicators to assess the relative attractiveness amongst 45 countries as locations of production. In EMEA, Poland has assumed the position as the highest ranked country in the Baseline ranking, moving slightly ahead of the Czech Republic, which was the highest ranked EMEA location in 2021. Poland’s elevation is partly due to the lower costs of labour and electricity relative not only to Western and Northern European countries but also to some of its Eastern European neighbours such as Romania, Lithuania, Bulgaria and the Czech Republic.
Poland’s top position as EMEA’s most attractive location for manufacturing is another confirmation of its good prospects despite challenging months ahead. A high-skilled and reliable workforce, access to first-rate logistics infrastructure, an excellent business environment, coupled with relatively low economic and energy risks as well as competitive construction costs and some of the lowest utility costs in the region all make our country an ideal location for production and manufacturing,
comments Damian Kołata, Partner, Head of Industrial & Logistics Agency, Cushman & Wakefield.
- Conditions: Business environment, including the availability of talent/labour and access to markets
- Costs: Operating costs, including labour, electricity and real estate
- Risks: Political, economic and environmental
We have reviewed risks, costs and the business environment against many criteria and indicators, but Poland was invariably ranked in the top quartile of the world’s most attractive manufacturing destinations with the lowest risk to launching operations,
says Damian Kołata.
Poland’s high position is also confirmed by the findings of C&W’s other research that have revealed that the costs of typical logistics operations in a medium-sized warehouse with an area of 10,000 sq m are over a third (34%) lower than in the Czech Republic and two thirds (62%) lower than in Germany thanks to low energy, labour and warehouse lease costs compared to other European countries,
adds the expert.
Key take-aways from the Manufacturing Risk Index (MRI) report
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