메뉴 건너뛰기

Welcome to SINHWA Company

Euro Zone Companies Come Home As Asian Costs Rise

2015.05.19 06:13

PearleneAbercrombie 조회 수:1054

After years of moving production to Asia, some European companies are following the example of their U.S. counterparts and coming home.
Decisions by the likes of Italian leather goods brand Piquadro SpA and battery maker FIAMM SpA to boost production at home do not mark a reversal of the "off-shoring" phenomenon that has shaped global business for two decades.
But companies are tiptoeing back to their home regions, driven by rising salaries in China that are eating away at the profit margins that once lured them abroad. They are weighing the still lower but climbing manufacturing costs abroad against the difficulty of overseeing production far from home, plus the cost and time taken to get goods to Western markets.
"Reshoring" is being led by clothing, footwear and electronics companies, partly because they are rediscovering the cachet of the "Made in Europe" label. But in Spain, for example, depressed wage levels since the euro zone crisis have also prompted foreign car firms to open production lines there.
A PricewaterhouseCoopers survey of 384 euro zone non-financial companies last month found almost 60 percent had reshored some operations, mainly production, over the past year, against 55 percent which had done the opposite. Italy topped the reshoring list with 44 companies, while Ireland, Germany and Spain also featured prominently.
Luciano Fratocchi, a professor of management and engineering at Italy's L'Aquila University, said reshoring has become part of companies' survival strategies since the economic crisis.
Many Italian firms have reduced or overhauled their production lines because of falling demand, concentrating their remaining manufacturing closer to target markets.
Of the around 450 relocations analysed by Fratocchi since 2007, Italy has accounted for roughly a fifth, second only to the United States which had the lion's share with nearly half.
In Spain, trade unions have accepted flexible working practices and salary freezes due to high unemployment, encouraging companies such as Ford Motor Co and PSA Peugeot Citroen SA to open assembly lines.
The trend has affected even countries which weathered the crisis relatively well. In the event you loved this post and you would like to receive much more information concerning pubblicare annunci please visit our internet site. German mid-sized companies like household goods brand Fackelmann and chainsaw maker Stihl have also reshored production. High-end teddy bear maker Steiff announced in 2008 that it was returning production from China because it had quality problems and transport took too long.
Often, however, rising wages in Asia are the main factor. According to consulting firm AlixPartners, official data show China's average wages in manufacturing rose 364 percent between 2004 and 2014, albeit from a far lower base than in Europe.
The biggest narrowing of the wage gap is in the United States. Boston Consulting Group (BCG) said manufacturing costs in China are only 4 percent below those in the United States, compared with 14 percent in 2004.



siti di annunci g/>Spain<br /><br /><u><i>United Kingdom</i></u><br /><br /><u><i>Back to top</i></u><br />Reuters.com Business<br />Markets<br />World<br />Politics<br />Technology<br />Opinion<br />Money<br />Pictures<br />Videos<br />Site Index<br />More from Reuters Reuters News Agency<br />Brand Attribution Guidelines<br />Delivery Options<br />Support & Contact Support<br />Corrections<br />Connect with Reuters Twitter  <br />Facebook  <br />LinkedIn  <br />RSS  <br />Podcast  <br />Newsletters  <br />Mobile<br />About Privacy Policy<br />Terms of Use<br />Advertise With Us<br />AdChoices<br />Copyright<br />Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com<br />About Thomson Reuters<br />Investor Relations<br />Careers<br />Contact Us<br />Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.<br />NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.</div></body></html>
번호 제목 글쓴이 날짜 조회 수
113 Too Busy? Try These Tips To Streamline Your Mature Gallery CortneyPiesseumhht 2015.05.19 2212
112 Vital Details Of Personal Injury Lawyer - An Analysis NZJForest23005371282 2015.05.19 1109
111 Nutrients Doesn't Need To Be Terrifying, Just Follow These Tips QEKVickiudyqzphewqew 2015.05.19 1042
110 Whatever They Told You About Lease Term Hope Is Dead Wrong...And Here's Why BennettRoby554201 2015.05.19 1028
109 Easy Spy Cell Tracker Article: Let’s Have A Clear Study This Item AlexisFoss18431086803 2015.05.19 975
108 Revolutionize Your Bubble Witch Saga 2 Hack Android With These Easy-peasy Tips YMUMylesrnibwpdr 2015.05.19 1053
107 Alpha Cut Hd Health Supplement Review Don’t Acquire This Kind Of Examine Primary HarrietEiw53323 2015.05.19 909
106 Summoners War Hack IPhone FrederickaE85ru 2015.05.19 12917
105 What Shakespeare Can Teach You About Extra Invitations JCPBennie448510299 2015.05.19 3370
104 Historical Past Of Automated Teller Machines Or ATM CoreyDelacruz82344 2015.05.19 1160
103 Help On Your Own Lose Weight By Testing Out These Strategies JensLas468207821655 2015.05.19 1414
» Euro Zone Companies Come Home As Asian Costs Rise PearleneAbercrombie 2015.05.19 1054
101 Spośród Miejscowości Partyzanckiej Okupowane W średniowie A Jakość Do Jakiego! Palen. JanSpain926769660771 2015.05.19 1092
100 Uncover And Delete Duplicate Data Instantly! TatianaTamayohwaezgv 2015.05.19 1197
99 Cocktail Attire For Men RandiHeron559765479 2015.05.19 1274
98 Bubble Witch Saga 2 Cheats Facebook Reviews & Tips YMUMylesrnibwpdr 2015.05.19 1045
97 She Just Wants To Cum IleneQ72yxpfdbf 2015.05.19 1065
96 Does Pearl E Whites Work Reviews & Guide BettieSchonell9304 2015.05.19 1410
95 New Questions About Pearly-whites Teeth Whitening Trays Answered And Why You Must Read Every Word Of This Report PennyWorkmanppqau 2015.05.19 1368
94 Is The Way You Find Duplicate File Free Worthless? Read And Find Out TatianaTamayohwaezgv 2015.05.19 1192