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SPECIAL FOCUS >> Expansion into Eastern Markets

After fall of the iron courtain in 1989 European Union enlared its sphere of influence and members. In 2004, EU saw its biggest enlargement to date when Malta, Cyprus, Slovenia, Estonia, Latvia, Lithuania, Poland, Czech Republic, Slovak Republic and Hungary joined. Later on per 1st January of 2007, Romania and Bulgaria became EU's newest members. In the same year Slovenia adopted the euro, followed in 2008 by Cyprus and Malta and by Slovakia in 2009.

When these markets were opened during the last two decades, western europe companies expanded heavily into this region. Nowadays the EU consists of 27 countries, main scope for business fields required:
>> Infrastructure built-up including energy sectore and provision with gas, water, electricity and central heating
>> Extension of the transport system including highways, cross-country roads and railways
>> Real estate development with shopping facilities, office space and logistic hubs at major traffic junctions
>> Opening of production sites, factories and exploration companies
>> Residential projects developing new living space and upgrading existing one

Many of these younger member states offer impressive advantages to newcomers like
>> Provision of land for investment purposes
>> Professional workers in sufficient numbers and at competitive costs
>> Tax Benefits - f.e. exemption from corporate and income tax during startup phase, VAT easements
>> Various number of applicable national and EU-subsidies

Get in touch with our eastern europe specialists and check out
>> your specific opportunities in expanding to these attractive markets or
>> if you can participate by the numerious products and services CEE/SEE markets provide

Regional overview

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