“The number of projects has increased from 33 to 61 with Lithuania leading the region, with 31 project announcements. Investors come to the Baltics to invest in air transportation (25 %), financial services (12 %) and utilities (10 %). These countries are re-emerging as lower cost near-shoring locations with a quality workforce on the doorstep of Western Europe,” the survey reveals.
Ernst & Young’s 2011 European Attractiveness survey reflects Europe's real attractiveness for foreign direct investors, based on Ernst & Young's European Investment Monitor (EIM), as well as attractiveness of Europe and its competitors evaluated by a representative panel of 812 international decision-makers.
Follow to download 2011 European Attractiveness survey here.