On the path to growth with the automotive industry
The importance of the automotive sector in Central, Eastern and Southeastern Europe is already very high and continues to increase. Every year, millions of cars are produced in CEE, accounting for more than 20% of total EU production.
The Central and Eastern European market has been an attractive location for car manufacturers for years. Lower labor costs, a highly skilled workforce and above-average economic growth are ideal conditions for investment.
The competitive environment in the automative industry is intense and will remain so. Only if companies can react flexibly to innovations, then they will continue to be successful in the future.
At IB Interbilanz, we have earned a good reputation as tax consultants and auditors for many years as experts in the automotive industry. Our specialists support and advise many well-known car manufacturers across borders, both for the trade and for the supply industry.