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Post by Jaga on Aug 5, 2007 19:43:54 GMT -7
POLAND IS STILL MUCH CHEAPER THAN TURKEY!
Jarro Kaplan, president of Goodyear Tire and Rubber Company’s Eastern Europe, Middle East and Africa unit, said that strong ties with Turkey won’t stop the company from making major investments elsewhere in the region.
“We have been in Turkey since 1927. We have modernised our factory in Izmit. We have very strong ties with Turkey. However, labour in Poland is approximately 1/3 of the cost of labour in Turkey. For this reason, our most recent investment of 100 million USD has been made in Poland,” Kaplan said.
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Post by Jaga on Aug 5, 2007 19:44:39 GMT -7
I am a bit worried that these companies that invest only in the country because it is cheap... will leave the moment they would find even a cheaper labor market.
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