Ukraine is known as Europe’s breadbasket and has close to a third of all the arable land area in the whole EU: some 34 million hectares. 70 per cent of that land is highly fertile black soil with a depth of up to six metres deep.
In 2015, foreign companies invested almost $3.4 billion in Romania, which is also the average FDI that the country has attracted in the last four years, according to the World Investment Report 2016. In 2016, Romania is expected to be the EU’s fastest growing economy. Will that growth help the country increase FDI into the country?
Manuel Costescu, Secretary of State at the Ministry of Economy of Romania, is responsible for foreign direct investment as the Head of InvestRomania. He talked to Andrew Wrobel about the country’s new investment promotion strategy, Romania’s key sectors and the successes the country has achieved in fighting corruption and improving its business climate. Continue reading The Reality in Romania Exposes False Perceptions Of The Country→
Georgians figured it out pretty well. They won’t let you enter their country in a bad mood. You might have sat next to a grumpy or noisy neighbour on your flight but the moment you reach immigration and the passport control officer hands you a bottle of Georgian Saperavi wine you should consider yourself bought by the people’s never ending hospitality and feel certain you’re going to love the country. That is what happened to me last week. Continue reading My Inebriating Journey Across Emerging Europe→
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→
Water economy, high-quality food, wood processing and furniture production are Warmia and Mazury’s smart specialisations. The European Commission came up with a new innovation policy concept to promote the efficient and effective use of public investment in research and boost regional innovation.
Warmia and Mazury, the land of forests and lakes, has an enormous economic and export potential. It is among the leading European producers of meat and meat products, natural and organic food, furniture, yachts and boats. Companies in these sectors operate successfully not only in the Polish market, but more importantly, in foreign markets. International giants like Michelin and Ikea have chosen Warmia and Mazury as their investment location.