Ukrainian Prime Minister, Volodymyr Groysman, vows to restart privatisation, which is a strict condition of the next bailout tranches granted by the International Monetary Fund (IMF), for the autumn of 2017. That is why the government has pledged to sell the Odessa Portside Chemical Plant as well as the shares in eight regional electricity suppliers. Continue reading Ukraine to Restart Privatisation to Realise Profits
Private equity and venture capital investments into companies in Central and Eastern Europe reached a total of €1.6 billion in 2016 — the highest amount since 2009, according to recent Invest Europe’s data. Continue reading PE and VC Investment In CEE Is At an Eight-Year High
RuchTech, an American fibre laser manufacturer and a subsidiary of IPG Photonics Corporation, has set up in the Great Stone Industrial Park located on the outskirts of Belarus’ capital city of Minsk. Within the next two years the investor is planning on constructing a plant that will produce various types of laser equipment, both for industrial and medical purposes. Continue reading 21st century Manufacturing Arrives at Great Stone
Polish employers’ organisations are pressing the government to continue working on the, so called, Business Constitution, in a letter sent to the Deputy Prime Minister and the Minister of Economic Development and Finance, Mateusz Morawiecki. Continue reading Poland’s Business Constitution Must Be Finalised
The fight against corruption in Romania seems to be a never-ending story and corruption has very often been closely associated with the country. Continue reading Romania Says No to Corruption
In 2015, Bucureşti-Ilfov, Romania’s capital-city region, had a GDP per capita of €19,300 amounting to 136 per cent of the EU average (GDP per capita PPS, EU28=100). At the same time, Sud-Muntenia, Sud-Vest Oltenia and Nord-Est were three out of 19 EU regions that were still below half of the average 47, 40 and 34 per cent of the EU average respectively, according to Eurostat.
The way in which Romania prepares for the presidency of the EU Council and how it finalises this are paramount for its role in a future Europe, says Cristian Buchiu, deputy head of the EU Representation to Romania. He talked to Jerry Cameron about the country’s ten years of EU membership. Continue reading Romania Works to Cement its Position in the EU
Our focus should be on how we can turn high broadband speed into meaningful advantages on the Digital Economy and Society Index, says Teofil Mureşan, chairman of the board at Electrogrup. He talked to Jerry Cameron about the need for consolidation in the market as well as the impact infrastructure sharing might have on the economy. Continue reading Merging and Growing Romania’s Outstanding Broadband and Other Infrastructures
The growing number of ICT specialists, plus the increasing foreign investment in the sector, as well as the number and innovativeness of tech start-ups make Romania’s ICT a upcoming sector, says Augustin Jianu, Romanian Minister of Communications and Information Society. He also spoke to Jerry Cameron about the challenges the industry faces. Continue reading Romania’s Government Plans to Grow the Country’s Already High ICT Reputation
In ten years’ time we’re planning to be managing an industrial space of some 15 million sqm, across Central and Eastern Europe and beyond, says Remon Vos, CEO at CTP. He spoke to Jerry Cameron about the growing demand for warehouse space in CEE and the company’s plans to satisfy that demand. Continue reading Building on CEE’s Established Reputation for Quality and Value
Not many Ukrainian companies can boast about being as old as the country’s independence. ELEKS is one that can, as the firm was set up in 1991 by Oleksiy Skrypnyk & Son and over the last 25 years it has become one of the country’s largest IT firms. Ruslan Zakharchenko, CEO at ELEKS, spoke to Jerry Cameron about the company’s origin and the experience ELEKS has gained over the years.
Continue reading From a Small Family Firm to a Top 100 Global Outsourcing Company
The popularity of IT is growing, which attracts more students to the IT courses in high school institutions and means the number of engineers graduating university within the next three-five years is increasing.
Ukrainian Quartsoft has recently started its first own product — SoftFarm, an agricultural management system and has enlarged its game development department specialising in Facebook games, e.g. CoralIsle, says Serg Kondratuk, CEO at Quartsoft. He spoke to Jerry Cameron about Ukraine’s IT outsourcing potential, his company’s development and future prospects.