Automotive market moves east, in Europe.Investment by automotive manufacturers in Central and Eastern Europe The term "Central and Eastern Europe" came into wide spread use, replacing "Eastern bloc", to describe former Communist countries in Europe, after the collapse of the Iron Curtain in 1989/90. is on the increase and the U.S. and Western European technical textile segments are reaping the rewards, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report issued by Technical Textile Markets. Central and Eastern Europe has become a magnet for investors, particularly those investing in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , which have been relocating their operations there. In fact, in Slovakia alone, it is estimated that 800,000 cars will be manufactured by 2007, a significant number for a country with a population only 5.4 million people. As automotive manufacturers relocate their operations, Tier 1 suppliers are following. These suppliers will include makers of technical textiles The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. , nonwovens and composite materials, which are incorporated into many modern vehicles, according to the study. |
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