The significance of the automotive sector in Central, Eastern and Southeast Europe is already very high and continues to rise. CEE produces millions of cars annually and has over 20% share on the total EU car production. Local market has been an attractive location for automobile manufacturers for many years thanks to lower employee costs, highly skilled workers, and above average rates of economic growth.
The automotive market is highly competitive, and this state will persist. Only companies that are able to flexibly react and follow innovative trends in the field will not lag behind other market players, and have potential to achieve future success. Our knowledge of the sector means that we are aware of the key business risks that you face and know the areas to pinpoint to make the maximum impact. Having a team of sector specialists dedicated to the automotive industry means that we can rapidly understand both macro and local issues and provide relevant and practical recommendations to you.
We offer an extensive range of services to automotive sector stakeholders from producers, through distributors to retailers. Our specialists can advise you in the following areas:
- Tax and audit and assurance,
- Corporate finance and transaction advisory,