Automotive and Transport Companies Dominate the CEE Region

Car bodies on the production line inside automobile factory

In 2016, 500 of the largest companies in Central and Eastern Europe generated a turnover of 580 billion euros, says the Coface CEE Top 500 report. Polish companies increased their turnover by 3.3 per cent, while the turnover in Hungarian and Czech firms decreased by 11.5 and 2.2 per cent respectively. With two companies located in Poland— Orlen and Jeronimo Martins, and one each in the Czech Republic, Hungary and Slovakia (Škoda,  MOL and Volkswagen, respectively), the top five lacks a Romanian business. However, this might change in the coming years. Continue reading Automotive and Transport Companies Dominate the CEE Region

Foreign Investors: Belarus Offers Opportunities But Further Improvements Are Needed

By 2014, €15.8 billion, or over 23 per cent of Belarus’ GDP, was the foreign direct investment (FDI) stock in the country, according to UNCTAD’s World Investment Report from 2015. Foreign companies invested €1.7 billion in Belarus in 2013 alone. 2014 and 2015 saw an FDI of about €1.4 billion respectively, according to the Vienna Institute for International Economic Studies (WIIW).

Andrew Wrobel spoke to the CEOs of Austrian Velcom; Swiss Stadler; Priorbank, owned by Austrian Raiffeisen; Irish Pure Energy Intelligence and senior representatives of Austrian Kapsch and German Salamander about their experiences in Belarus.

Continue reading Foreign Investors: Belarus Offers Opportunities But Further Improvements Are Needed