Category Archives: Industrials and Transportation

Irish Manufacturing Industry Reports Downturn

The already struggling Irish economy took another hit this month as it was announced that the manufacturing industry shrunk, despite having experienced growth in 2011 and 2012. Indeed the industry shrank at its fastest rate in nineteen months this April to 48.0, two below the 50 line dividing growth from contraction.[1]

The drop in activity, which accounts for a quarter of Ireland’s gross domestic products according to World Bank figures, has caused worries that the fall may affect the ability to attain sustained recovery. Continue reading

Fight Against Climate Change – Negative Impact on Business World?

Climate change is by no means fresh news. The negative changes in the world’s atmosphere are common knowledge with equal awareness that the problem is due to centuries of ignorance and neglect. Frequently both national and international talks are taking place amongst governments, organizations and the general public alike to bring about a change in the rapidly failing eco-system. While at first glance solutions such as those embraced by the Kyoto Protcol[1] are the perfect solution, the fight against climate change actually has the potential to harm some industry areas. Continue reading

Project Finance for the Transportation Industry

Public transportation in every city is supposed to be a sustainable mode of mobility.  While this may be the case in reality for some megacities, which have shown best practice examples of public transportation systems, the same cannot be said for some cities in developing countries, that are still struggling to implement an efficient system that satisfies people’s needs an continue to offer a poor service and decreasing investments in this sector.  Moreover, these systems around the world are still lacking the technology necessary for an efficient transportation system to exist and are facing numerous challenges, such as the increase in vehicle numbers and inadequate and poor management of road infrastructure. This raises the need to look for innovative perspectives to effectively address the transportation problems Continue reading

Open Innovation Might be Key to Growing the Auto Industry

Industry specialists in the automotive industry often point to open innovation projects, i.e. the incorporation of external ideas and research, as key to company growth and maintaining a competitive edge. Large corporations in South East Asia and across Europe are increasingly focusing on establishing long-term partnerships with universities, as well as absorbing smaller corporations through mergers and acquisitions to keep their perspective fresh. Continue reading

European Emerging Markets – Investment Incentives in Eastern Poland

Eastern Poland is the poorest and less developed region in the country; upon entrance to the European Union in May 2004, five Eastern voivodeships (administrative name describing Polish provinces) made up the region with the lowest GDP in the entire European community. It is also the most religious – with the highest rate of Sunday mass attendance [1] – and conservative part of Poland, something which is visibly reflected in the political map of the country. The region massively supports the biggest Polish right-wing catholic party, which received over 40% of votes in the last parliamentary elections (PIS-Law and Justice).[2]

Poor infrastructure, a high unemployment rate, and traditional, conservative social patterns have all created a negative image of the Eastern part of the country. Its inhabitants are often pejoratively called “słoiki” (jars) by the population of Warsaw or other big Polish cities, where many Easterners migrate to in order to find a better job or to study.[3]

Is this region doomed to be forever called “Poland B”, the poor sister that can offer beautiful landscapes, but no employment or professional future? Not necessarily. Continue reading

Italian Election Uncertainty Threatens Automotive Industry

The results of the recent general elections held in Italy pose an even more shaky future for the nation than what could have been imagined on the eve of the vote. Particularly for the Automotive Industry. The Democratic Party registered a narrow victory at the Chamber of Deputies which afforded them a majority; while the Senate of the Republic using a different electoral system did not have a party achieve an absolute majority. This implies a likely state of gridlock. Continue reading