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Norwegian investors in Estonia: we are very satisfied

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and easier to bribe politicians here or Western European countries would have the jobs in THEIR economy. In USA we have Mexico to do our cheap labour and dispose of toxic chemicals ''easier'', Australia has Indonesia to work cheap etc and Scan. countries have easily found desperate workers in Baltics.The wages here are maybe 1/4th of Norway. Of course, Estonia is much cheaper place to live except for food, electricity, water etc etc etc etc prices. Reply to the comment answer
~Cheap labour [14.07.2011, 11:31]
Electricity, water, rent, public trasport is vastly less here than in Norway, so comparatively speakinh, it is much, much cheaper to live here.
~@Cheap labour [14.07.2011, 19:49]
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I think the main satisfaction of Norwegian Investors is not the cheap labor. There are other countries providing better options on that. But it is the flexibility the Unions in Scandinavian countries cut down with their owners holding behavior plus Estonians can provide an acceptable quality in compare to let's say China, which is important on diverse product lines where quality is in demand. You can not assemble high end products everywhere, but in Estonia it is poaaible to a limited extent. Reply to the comment answer
~knut albers [14.07.2011, 12:18]
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I think Albers observations are correct.Cheap labour doesn't mean so much. And the production machines cost about the same. But Estonia is within the EU and Norway is not. And it doesn't take much more time to transport articles from Estonia to f.inst Oslo than from f.inst Western Norway. And both Ryan Air and Norwegian offer low travel costs between Norway and Estonia Reply to the comment answer
~Norwegian [14.07.2011, 15:54]
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One sentence says it all.

"In Estonia and elsewhere in the Baltic countries, the wage level came down along with the financial crisis. Because of trade union resistance, a similar change in Scandinavia would have been very difficult to make if not impossible.”

They don't mention the corporation tax advantages!
Maybe it's too sensitive!

Ie. Estonia is half way between a BRIC type country in the EU and a PIG.
Low wages, & zero human rights are the typical signs of such countries.

It fails the pure PIG type test because the debts are all privatised and loaded on the consumer, where they can be hidden easily in negative equity, then claim all is well.

It fails the pure BRIC test because it doesn't have a high enough growth rate to warrant it and has no serious railway or industrial manufacturing infrastructure either.

That's perfect for outsourcing cheap labour to EFTA countries straight into the EU internal market without paying Norwegian tax rates (!) Reply to the comment answer
~BRIC or PIG [16.08.2011, 18:32]
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At first I read "Norwegian invaders" and got interested, then I noticed my mistake. Reply to the comment answer
~Liina [17.08.2011, 20:26]
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~csdfpsds [18.10.2012, 16:01]
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