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by Tade0
1230 days ago
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Ahem, games. The local gaming industry attracts talent from the region and has a few globally successful products - even if companies themselves are incorporated in Cyprus. But that only gained momentum relatively recently - there was no carryover from the communist era. There are also payment systems - there's a lot of experimentation going on in that field. All the more interesting because the population is particularly price-conscious and intolerant to friction in payment processing. The rest is largely outsourcing. We have a few large domestic IT companies doing projects for the government. Lastly Poland is where around 3% of the world's li-ion batteries are manufactured. Not a lot in absolute terms, but it's, weirdly enough, half the manufacturing capacity of the US and in the EU second only to Hungary. That's about it. Academia mostly gave up and resorted to pumping out masters' degrees. There is still a significant amount of brain-drain in IT, but it's countered with generous tax incentives. |
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