Today, forward-looking companies need to have a global strategy in order to progress. The Baltic Sea Region provides just the place to exercise it, combining emerging and developed markets, low cost and high productivity, a flexible labour market, established test markets and advantaged access to new markets (including the UK and the US).
There are four key reasons for considering the region’s benefits from all the guarantees and advantages of European Union (EU) membership, coupled with close trade links with Russia and CIS.
Advantaged access to:
Markets
Entering through the Baltic Sea Region can provide virtually seamless integration into EU business community. The value added by competing on the level playing field provided by the Baltic Sea Region’s privileged status creates not only proximity to the economies of the EU and beyond. It also creates the possibilities of access through both specific and general trade agreements that will give Indian companies more opportunity, and profitability. >>
Skills
We offer a wealth of human resource competencies to complement those of our Indian partners. Our labour force enjoys advantaged mobility across borders (with few or no restrictions). Educational institutions and regulations are flexible and responsive to commercial demands on knowledge, R&D and training. We are innovators of IT&T and English is widely spoken. Our societies are open and accepting in multiculturalism, politics and spirituality. >>
Profits
Profitability of our partnerships is the single driving force behind our economic development strategy.
Of course we have our self-interests; job creation for our workforce, wealth creation for our citizens and businesses, and economic growth that gives us increased leverage both inside Europe and on a global basis. But we never forget that, for our partners, profitability is the priority. We believe that in the Baltic Sea Region we have created the most ‘Profitability- Friendly’ environment in Europe. >>
Partnership
Our business-friendly environment, strong human-resource capabilities and the fundamental openness and tolerance of our societies create a basis for powerful Indian-Baltic partnerships. We not only understand the needs of investors, we pro-actively respond to those needs. >>
This is confirmed by the presence of world-class brands like ABB, AstraZeneca, Chr. Hansen Holding, Danisco, Ecco Sko, Elcoteq, Ericsson, FL Smidth, IKEA, Kone, Leo Pharma, Lundbeck, Metso, Nokia, Novo Nordisk, Saab, Sandvik Tamrock, Skype, StoraEnso, Tetra Pak, TietoEnator, Volvo, Wartsila.