Podcast: Czech engineering faces huge competition from emerging markets
Interview with London Market partner Petr Karel on the topic of Czech engineering. Developing economies no longer just produce cheaply. They have added high added value to their products.
A prime example is the South Korean company Samsung, which has become a major technology giant in twenty years. Now companies from other developing countries are trying to follow suit. It may not just be electronics, but also the automotive industry or engineering in general. In this respect, Czech engineering is up against formidable competition. In the Alter Eko programme, the chief economist of Raiffeisenbank, Helena Horská, was told this by Petr Karel, a partner at London Market.
You can listen to the audio recording HERE.
Shortened video recording HERE.
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