Poland’s Political Shift — What Should Investors Expect?

Over the last decade Poland has made notable strides in improving local conditions for domestic and foreign businesses. In the World Bank’s Doing Business Report 2016 the country was ranked 25th globally, as opposed to 70th in 2011. That along with a massive EU fund influx €67.3 billion between 2007 and 2013 helped Poland see the levels of foreign direct investment (FDI) recover. In 2014, Poland attracted FDI of €13 billion. The year before,  foreign companies had invested a mere €112 million, according to UNCTAD’s statistics.  Continue reading Poland’s Political Shift — What Should Investors Expect?

ApexBrasil’s President Says Poland Is One Of the 32 Key Markets For Brazil

Business people and government representatives from around the globe keep an eye on Central and Eastern Europe and often pay a visit to assess the region’s economic potential. Last September a large Brazilian delegation headed by Brazil’s Vice President, Michel Temer, came to Poland to discuss business and investment. Emerging-Europe.com speaks to David Barioni Neto, President of the Brazilian Trade and Investment Promotion Agency (Apex-Brasil), about business opportunities between the two countries.

Continue reading ApexBrasil’s President Says Poland Is One Of the 32 Key Markets For Brazil

World Bank’s Doing Business Report 2016 Resume For Emerging Europe

Almost every single economy in emerging Europe implemented at least one reform in the last year to improve their business environment. In consequence, as many as 16 economies in the region are featured in the Top 50 of the World Bank’s Doing Business 2016 report. Emerging Europe speaks to Rita Ramalho, Manager of the World Bank–IFC Doing Business, who has compiled a resume about the emerging Europe region especially for us, about how the reforms introduced have helped make doing business easier across the region. Continue reading World Bank’s Doing Business Report 2016 Resume For Emerging Europe

Georgian and Moldovan Wines: Discovering the Old Tradition Anew

France may be Europe’s largest wine producer, but it is Georgia where wine was born.

It is said that wine production started about 7,000 or even 8,000 years ago and archeological remains found in the area suggest that as early as 4000 BC grape juice was placed in underground clay jars or qvevri to ferment during the winter. Last August, 43 ancient qvevries dated back to the 11-13th centuries were discovered by archaeologists at Khikhani Fortress, Adjara, Western Georgia. Continue reading Georgian and Moldovan Wines: Discovering the Old Tradition Anew

More FEZs In Macedonia Will Give an Even Bigger Boost To the Country’s Economy

Macedonia’s economy is set to grow by 4-4.5 per cent per annum between 2015 and 2017. The country expects to attract more foreign direct investment and grow its export. Free economic zones, whose export, in 2014, totalled €1.17 billion, or a third of the country’s total exports, are going to help achieve the government’s targets. Emerging Europe speaks to Viktor Mizo, CEO of Macedonia’s Free Zones Authority, about the government’s plans to increase the number of free economic zones. Continue reading More FEZs In Macedonia Will Give an Even Bigger Boost To the Country’s Economy

Czech Republic’s largest companies had the highest turnover growth in CEE in 2014

The 65 largest Czech enterprises recorded an impressive increase of turnover by 7.8 per cent — the highest growth of all countries, says the 7th Top 500 companies in Central and Eastern Europe — Coface CEE Top 500 survey. At the same time, the 73 largest Hungarian companies were able to increase their revenues by 5.6 per cent — three times as much as the total growth rate of the CEE Top 500 (2.1 per cent). There are 176 Polish companies in the CEE Top 500 representing 40 per cent of the whole turnover of the companies in the survey. Continue reading Czech Republic’s largest companies had the highest turnover growth in CEE in 2014

Estonia leads the Opportunity Index in Emerging Europe

Estonia and the two other Baltic states —Latvia and Lithuania— are Emerging Europe’s winners of the Milken Institute’s Global Opportunity Index — Attracting Foreign Investment across four broad categories: economic fundamentals, ease of doing business, quality of regulation, and rule of law. Estonia ranked 12th and was followed by Latvia (29th) and Lithuania (37th). The leader got its highest note for the quality of regulations, Latvia and Lithuania — for the ease of doing business.

Continue reading Estonia leads the Opportunity Index in Emerging Europe

CEE offers enormous business opportunities, says UAE minister

A fast-growing number of reciprocal business visits between the United Arab Emirates and Central and Eastern Europe, an increase in mutual trade and investment and, finally, very successful flight connections to cities like Warsaw or Prague, launched only a couple of years ago — Why Emerging Europe spoke to H.E. Abdulla Bin Ahmed Al Saleh, Deputy Minister of Economy of the United Arab Emirates, about the prospects of future collaboration between the UAE and the CEE region. Continue reading CEE offers enormous business opportunities, says UAE minister

Sometimes governments make bad decisions about SEZs

Statistically, there are about 4,300 SEZs across the globe, which means that three out of every four countries has at least one SEZ, and more are constantly being added. Now even the Cayman Islands have a new SEZ. In the CEE region, only a few countries have opted to not develop zones. Why Emerging Europe speaks to Deborah S. Porte, a Special Economic Zone expert with over 25 years experience in the comprehensive design and development of various types of economic zones, transport and cargo hubs and technology parks in developing and post-conflict countries. She has worked for governments and institutions such as the World Bank, IFC, DFID, EU, ADB and USAID.

Continue reading Sometimes governments make bad decisions about SEZs

Chambers choose Poland, the Czech Republic, Estonia and Slovakia

Poland, the Czech Republic, Estonia and Slovakia are Central and Eastern Europe’s most attractive foreign investment destinations, says the latest survey published by the Polish-German Chamber of Industry and Commerce Business (AHK Poland) and carried out along with nine other bilateral chambers of commerce (Belgian, British, French, Spanish, Irish, Canadian, Portuguese, Swiss and Italian). Continue reading Chambers choose Poland, the Czech Republic, Estonia and Slovakia