Polish Labour Market Deficits Are Impacting All

Construction site with crane and building. Construction site in western europe - in Poland.

Half of Polish employers say they already face recruitment challenges which impact their companies’ development, says the latest Work Service report ‘Labour Market Barometer VIII.’ A third of them are struggling with personnel deficiencies, which prevents them from completing new contracts. Every eighth business has been forced to retreat from planned investments because of a shortage of candidates. Continue reading Polish Labour Market Deficits Are Impacting All

21st century Manufacturing Arrives at Great Stone

Great stone

RuchTech, an American fibre laser manufacturer and a subsidiary of IPG Photonics Corporation, has set up in the Great Stone Industrial Park located on the outskirts of Belarus’ capital city of Minsk. Within the next two years the investor is planning on constructing a plant that will produce various types of laser equipment, both for industrial and medical purposes. Continue reading 21st century Manufacturing Arrives at Great Stone

Meghri Becomes Armenia’s Third FEZ

armenia emerging europe

The government of Armenia has set up the Meghri Free Economic Zone, close to its border with the Islamic Republic of Iran. The project, managed by the Ministry of Economic Development and Investments, aims to increase export-oriented production in Armenia and to attract more investors. This will be thanks to a preferential trade regime with the European Union and its being a member of the Eurasian Economic Union (EEU) on one hand, and a common border with Iran, on the other. Continue reading Meghri Becomes Armenia’s Third FEZ

Croatian Salaries Are Growing in Line With Other CEE Countries

Dubrovnik Croatia emerging europe

Salaries in Slovenia and Croatia are growing faster than in the five other countries that made up former Yugoslavia. According to the Croatian Bureau of Statistics, Slovenia pays the highest salary in the region at €1,050.78, immediately followed by Croatia where the average monthly salary amounts to €813.1, which is an increase of €63,47 compared to 2016. At the bottom we find the Republic of Macedonia with only €372,55. Continue reading Croatian Salaries Are Growing in Line With Other CEE Countries