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Coloplast's new factories in Costa Rica will increase salary savings and reduce climate footprint

Workers’ wages have gone up in Hungary, where the Danish medtech firm makes most of its products. Now, part of the production is moving to where the grass is greener – across the Atlantic in Costa Rica.

Wages in Costa Rica, where Coloplast is about to move parts of its production, are only 60% of that in Hungary | Photo: Coloplast/PR

Coloplast is keeping a close eye on how the Hungarian job market develops. Wages in the country have increased rapidly in recent time, and the Danish medtech firm, which makes 80% of its goods in Hungary, has felt the change.

In an analysis, Coloplast writes that salary costs related to Hungary have doubled within the current financial year compared to last year, when the wages also saw a small uptick.

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