Some Major Facts of Eastern Europe Sourcing
Presented By: Dragon Sourcing
At present, Europe is going through a phase of
economic reconstruction. Eastern Europe
sourcing is distributed over Bulgaria, Baltic
States, Hungary, Poland, Romania, Czech
Republic, Slovakia and Ex-Yugoslavia. These are
predominantly industry-based economies with
the service and manufacturing.
Since 1990, Poland has been undergoing a
phase of economic refurbishment. The economy
here is led by the industrial and service sectors.
Export products include coal, automobiles,
aircrafts and manufactured equipment. Copper,
lead, natural gas, silver and sulphur are the
foremost natural resources.
After becoming a part of the European Union in
2004, Slovakia enjoyed substantial growth in
automotive and electronic industrial segments
besides its own indigenous industries. This country
receives US $55 billion yearly for exporting various
goods. Germany, France, Poland and Czech Republic
are the primary trade partners.
The Czech Republic’s developed infrastructure,
strategic location and abundance of trained labour
encourage the growth of industries. Natural
resources include graphite, coal and timber.
Agricultural exports consist of wheat, sugar-beet,
fruit and potato. Major industries include
automobiles, glass and manufacturing industries.
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