Nearshoring in Europe: which are the business relocation hotspots?

Image: Shutterstock. Tawansak

COVID belongs to the past, and the Suez Canal obstruction was cleared out in the end, but the trauma inked in the global supply chain is real, at least for manufacturers. A wave of nearshoring strategies is rising in Europe, bringing the factories back to the continent despite the cheaper labour costs in countries such as China. The question is, why and where are businesses relocating? 

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Author: Chengfan Zhao

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Nearshoring in Europe: which are the business relocation hotspots? | RailFreight.com

Nearshoring in Europe: which are the business relocation hotspots?

Image: Shutterstock. Tawansak

COVID belongs to the past, and the Suez Canal obstruction was cleared out in the end, but the trauma inked in the global supply chain is real, at least for manufacturers. A wave of nearshoring strategies is rising in Europe, bringing the factories back to the continent despite the cheaper labour costs in countries such as China. The question is, why and where are businesses relocating? 

Do you want to read the full article?

Are you already a member?

Log in

Do you have a free account? With a free account, you had access to read all premium content on RailFreight.com for free until 1 May 2023. From 1 May onwards you need a paid membership to read all premium articles. Questions? Call +31(0)10 280 1000 or see the FAQ.

 

Author: Chengfan Zhao

Add your comment

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