The Charismatic Charlie Wade
Chapter 3508
Charlie nodded and asked him, “What is your name?”
The young man replied, “My name is Francis Wade.”
Charlie nodded slightly and said, “Okay, let me ask you, what business is your family currently operating overseas?”
Francis Wade hurriedly said, “We produce and sell Chinese-style furniture throughout Europe, mainly for Chinese customers, and our production place is Romania.”
Charlie frowned and asked, “Why do you want to produce Chinese-style furniture in Romania?”
Francis Wade replied, “The main reason is that Romania’s timber production is very high, and their labor costs are relatively cheap.”
Charlie asked again, “Then how many workers do you have in Romania? What is the annual output value?”
Francis Wade thought for a while and said, “We have approximately 10,000 employees in Romania, with an annual output value of approximately 2 billion euros and a net profit of approximately 20%.”
way, you have a net profit of 400 million euros a year for
said, “A few years ago, our production base
suggested that my family move the production
asked him, “Why did you suggest moving to
Wade explained with some pride, “Originally, we produced in
a hunch that Europe will continue to increase tariffs and other
advantages in the European market, and profit margins will
been increasing tariffs on imported furniture,
move your business to Romania, can you avoid this European tariff
re-registered a company in Romania, which is equivalent to turning our products into local products produced in Romania, and because Romania has also joined the European
we have actually enjoyed
prices can be lowered, which also allows us to have more sales, so the overall profit margin is also very
who have been producing Chinese-style furniture, every
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