The Resurrection of Southern Europe

The Resurrection of Southern EuropeIn recent years, Southern Europe has emerged as a beacon of economic resurgence, with countries like Portugal, Greece, and Spain leading the charge. This revitalization stands in contrast to the economic landscape of Northern Europe, with robust growth rates exceeding 5% in 2022, a testament to the region’s resilience and potential. While challenges remain, particularly concerning the sustainability of the growth as well as structural impediments, the trajectory of Southern Europe’s economy offers a promising narrative of growth and transformation.One of the key drivers behind Southern Europe’s economic revival is the composition of its economy, which …

Navigating Complexities: EAC’s Global Sourcing Chronicles

Navigating Complexities: EAC’s Global Sourcing ChroniclesIn recent years, EAC has supported multiple companies in global and regional strategic souring projects across various industries, including industrials, mobility, building & construction, energy and environment, chemicals, and consumer goods. While executing these sourcing projects, we have encountered unique challenges and unexpected opportunities. With this article we would like to summarize select observations and learnings of our EAC sourcing experts.Rising Importance of Sustainable Sourcing Practices In today’s environmentally conscious world, sustainability is no longer a secondary concern; it is an integral part of a successful business strategy. We observed this while assisting a leading …

Outsourcing of non-core activities to developing Innovation hubs

Outsourcing of non-core activities to developing Innovation hubs: The new Shared Services concept in practiceTo focus on core business competencies without impeding the flow of non-core activities while achieving cost efficiencies, businesses have been setting up shared services centers (SSCs) since 1980s but over the years, the model has evolved to adapt better to changing business requirements. From Shared Services Centers (SSC) to Global Competence Centers (GCC) and Global Business Services (GBS), service delivery model encompassing outsourcing, captive shared services as well as centers of excellence (COEs) for serving various business units have been the guiding pillars to offer centralized expertise …

Global Wind Turbine Manufacturing & Supply Chain Challenges

Global Wind Turbine Manufacturing & Supply Chain ChallengesHow to boost competitiveness and balance risks? Wind energy it one of the fastest-growing energy sources in the world driven by supportive legislations in the US, the European Union, India and China yet spare capacity is limited and will likely disappear by 2026.Wind energy is one of the best source to alleviate the pain and challenges of climate change. With the increasing demand of global electricity, which is forecasted to grow by 25% and reach ~30k TWh1) by 2030, development and utilization of wind plus other renewable energy sources are indispensable and have …

Quo vadis: Deutsche Industrie der Werkzeugmaschinen in China

Quo vadis: Deutsche Industrie der Werkzeugmaschinen in ChinaUnser Experte und Partner, Daniel Berger, war auf dem VDW China Machine Tool Management Meeting und durfte dort einen Vortrag über die Entwicklung der deutschen Werkzeugmaschinenindustrie in China halten.Angetrieben von anhaltenden industriellen Investitionen war 2022 ein solides Jahr für die deutsche Werkzeugmaschinenindustrie in China. Auch wenn die aktuellen Aussichten ernüchternd sind, ist die Hoffnung auf eine Belebung der Nachfrage in den kommenden Monaten groß und das Engagement der Unternehmen in China bleibt unbestritten. Daniel Berge stellte in seinem Vortrag die jüngsten Entwicklungen und Aussichten der chinesischen Wirtschaft und den Entwicklungsplan der Regierung für …

Quo vadis: German Machine Tools in China

Quo vadis: German Machine Tools in ChinaOur expert and partner, Daniel Berger, was at the VDW China Machine Tool Management Meeting and was allowed to give a presentation about the development of the German machine tool industry in China.Driven by continued industrial investment, 2022 was a solid year for the German machine tool industry in China. Although the current outlook is challenging, hopes are high that demand will pick up in the coming months and the commitment of companies in China remains undoubted. In his presentation, Daniel Berge introduced the latest developments and prospects of the Chinese economy and the …

Electric Vehicle Going Global – Konferenz in Yibin

Electric Vehicle Going Global Konferenz in YibinDie Weltbatteriekonferenz 2023 soll im Juni in Yibin, Provinz Sichuan, China, stattfinden. Im Vorfeld der Konferenz sind eine Reihe von Aktivitäten wie thematische Schulungen und Austausch auf hoher Ebene usw. rund um die Themen NEVs und Power-Batterien geplant. Mit Unterstützung des „New Energy Vehicle Brand Cluster“ und CEATEC (China-Europe Association for Technical and Economic Cooperation) wurde vom 27. bis 28. April in Yibin, Sichuan, China, eine Fortbildungsveranstaltung zum Thema „New Energy Vehicles Going Global – Europe“ organisiert. Unser Partner, Daniel Berger, wurde eingeladen, auf dieser Veranstaltung einen Vortrag zum Thema „Chancen auf dem europäischen …

Electric Vehicle Going Global – Conference in Yibin

Electric Vehicle Going Global Conference in YibinThe 2023 World Power Battery Conference is scheduled to be held in Yibin, Sichuan Province, China in June. Before the conference, a series of activities, such as thematic training, high-level dialogue and exchange, etc., are planned to be carried out around the field of NEVs and power batteries. With the support of “New Energy Vehicle Brand Cluster” and CEATEC (China-Europe Association for Technical and Economic Cooperation) there was organize an advanced training session on „New Energy Vehicles Going Global – Europe“ in Yibin, Sichuan, China from April 27th to 28th. Our partner, Daniel Berger, …

Ihr Partner vor Ort: EAC’s China Interim Management Lösungen

Ihr Partner vor Ort: EAC’s China Interim Management LösungenUnternehmen, die in Chinas hochdynamischem Marktumfeld tätig sind, benötigen oft kurzfristig qualifizierte Führungskräfte. Interim-Führungskräfte und Projektmanager mit Erfahrung in einer Vielzahl von Branchen und Fachgebieten können die Verantwortung für Ergebnissen übernehmen, unabhängiges Fachwissen bereitstellen und eine Reihe von wichtigen strategischen Maßnahmen umsetzen.Die richtigen Manager in oder nach China zu bekommen, ist für ausländische Unternehmen in China zu einer langwierigen und unvorhersehbaren Herausforderung geworden. Selbst nachdem die meisten COVID-bedingten Reisebeschränkungen und Quarantänebestimmungen in China aufgehoben wurden, hat die fast dreijährige Isolation zu einem Mangel an qualifizierten Managern geführt, was zusätzliche Governance-Probleme mit sich …

Your Partner on the Ground: EAC’s China Interim Management Solutions

Your Partner on the Ground: EAC’s China Interim Management Solutions Businesses operating within China’s highly dynamic market environment require skilled executives on short notice. Interim leaders and project managers experienced in multiple sectors and disciplines, can take responsibility for delivering results, offer independent expertise, and handle a range of key strategic and tactical interventions.Getting the right managers in or to China has become a prolonged and unplannable challenge for foreign companies in China. Even after most of China’s COVID related travel restrictions and quarantine requirements have been lifted, the nearly 3 year long isolation has lead to a shortage and …

Automechanika: Chinesische Batteriehersteller haben den europäischen Markt weiterhin im Blick

Chinesische Batteriehersteller haben den europäischen Markt weiterhin im BlickAngesichts der Verpflichtung Europas, die Mobilität bis 2025 vollständig zu elektrifizieren, ist die Nachfrage nach einer innovativen und lokal angepassten Wertschöpfungskette für Batterien von entscheidender Bedeutung. Sowohl der regulatorische Rahmen als auch die Förderprogramme werden derzeit konkretisiert.In den letzten Jahren wurden enorme Investitionen entlang der gesamten Wertschöpfungskette getätigt, wobei chinesische Unternehmen eine entscheidende Rolle spielten. Daher nicht überraschend, dass der Online-Vortrag über Outbound-Investitionen in Europa von unserem Experten, Daniel Berger, mit fast 3.000 Teilnehmern auf so großes Interesse stieß. Wir danken der Messe Frankfurt für diese tolle Gelegenheit im Rahmen der Automechanika …

Surging Photovoltaics (PV) demand in Europe & Opportunities for European and Chinese Players

photovoltaics

Surging photovoltaics (PV) demand in Europe & Opportunities for European and Chinese PlayersDespite Europe already at the forefront of deploying renewable energy globally, this year European countries, and the rest of the world, are facing the energy crisis. Consequently, Europe has hit record high numbers in generating electricity from the renewables, specifically solar power has shown to be crucial in helping Europe reduce its reliance on gas imports from Russia.According to think tank Ember, between May and August 2022 electricity generation data showed a record high solar power share of 12.2% in the European electricity mix – equal to about …