The increase of labor electivity costs places Romania on the 8th position in terms of the most attractive manufacturing markets in Europe, after Czechia, Poland or Hungary, according to the Manufacturing Risk Index 2022 study.
In terms of costs, at European level, the Romanian production market is surpassed by the ones in Czechia, Poland, Lithuania, Hungary, Slovakia, and Bulgaria.
In a ranking that gives a higher importance to market conditions (60% versus 40% in the baseline scenario), Romania ranks 8th, after Poland, Czechia, Hungary, Slovakia, Portugal, Bulgaria, and Turkey.
Also, in the scenario where the risk share is up to 60% (compared to 20% in the baseline scenario), Romania ranks 17th in Europe.
The increase of energy and labor costs had a significant influence on the operating ones in the Central and South-Eastern Europe, especially in Lithuania, Romania, Bulgaria, and Czechia, unlike Poland where the effects were more limited.