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Aesculap (Germany) keeps faith with Malaysia despite wage hikes

This article was originally published in Clinica

Executive Summary

Aesculap (Germany) remains committed to instrument production in Malaysia despite recent 8-10% per annum rises in its local wage bill. Although spiralling salaries have negated the very reason the Tuttlingen-based company moved into Malaysia more than 20 years ago - cheap labour costs - the company is not tempted by new locations such as Vietnam, Dr Uwe Trautmann told Handelsblatt recently.

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