Eastern Europe's Strength Lies in Automotive Sector, an Industrial Info Market Brief

Industrial Info is tracking $12.65 billion in automotive sector projects in Eastern Europe and Russia. Project activity is led by Hungary ($4.8 billion), Russia ($3.4 billion) and Poland ($2.3 billion). Low labor costs and the availability of parts and materials make the region attractive for automotive investments.

Companies with the biggest spending in the region are Volkswagen, Valeo, BMW and Mercedes.