Romania has been attracting many contract manufacturers due to low competition and operating costs, making it one of the fastest-growing electronics manufacturing services (EMS) markets in Eastern Europe.
New analysis from Frost & Sullivan (http://www.smt.frost.com), Romanian Electronics Manufacturing Markets, finds that the markets earned revenues of over $1.6 billion in 2008 and estimates this to reach $3.38 billion in 2014.
"Romania has been leading the paradigm shift in contract electronics manufacturing, which has been driving EMS providers in search of lower cost locations in Central and Eastern Europe (CEE)," says Harish Natesan, Frost & Sullivan Research Analyst. "Attractive investment incentives and Romania's strategic location have also made the country a preferred destination for EMS providers. Romania is poised to emerge as one of the largest electronics outsourcing industry in the long-term."
