1 / 13

Foreign investments in Central and Eastern Europe (CEE)

Foreign investments in Central and Eastern Europe (CEE). Theis Klauberg , bnt attorneys-at-law. Investment environment – Economic conditions Transition process of CEE countries completed CEE countries have overcome economic crises

lilian
Download Presentation

Foreign investments in Central and Eastern Europe (CEE)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Foreign investments in Central and Eastern Europe (CEE) TheisKlauberg, bnt attorneys-at-law

  2. Investment environment – Economic conditions • Transition process of CEE countries completed • CEE countries have overcome economic crises • Emerging markets with ready excess to western European markets • Steady GDP growth • Skilled labour force • Comparatively low labour costs • Good transport infrastructure • Investment incentives (SEZ, tax exemption etc.) • Business friendly environment

  3. Source: eurostat

  4. Investment environment: Legal conditions • Bilateral investment agreements between China and many CEE countries • Modern legislation framework (often influenced by EU legislation/Western European legislation e.g. Baltic States) • High level of legal certainty, rule of law, predictability • Business friendly legal environment (e.g. little bureaucracy when setting up a company / acquiring shares) • Anti corruption legislation • No political risks

  5. Poland: Acquisition of machinery division • Investor: Chinese company LiuGong Machinery Limited • In 2012 LiuGong acquired the construction machinery division of Polish company Huta Stalowa Wola (HSW) and its distribution subsidiary Dressta • Investment volume approx. US-$ 100 million • Objective of investment is transfer of technology and better access to European markets

  6. Hungary: Construction of logistics center • Investor: Huawei Technologies (Shenzhen/Guangdong) • Huawei is currently the largest Chinese investor in Europe with 7000 employees around Europe • In 2012 Huawei signed an agreement with the Hungarian government to set up a new logistics center in Hungary • Investment volume US-$ 1.5 billions

  7. Czech Republic: Production of meat products • In 2006 Chinese Shanghai Maling Aquarius entered into a cooperation with Gastro Sunwick Ltd. for the construction of a factory in the Czech Republic • Volume of investment: approx. US-$ 23 million • In 2011 the company has 150-200 employees and produced 3-4 thousand tons of meat in 2010

  8. Latvia: Furniture production • Aim: Establishment of furniture production in Latvia • Investor: Chinese company based in Huzhou/China • 300 Latvian employees / app. 5 Chinese specialists • Locational advantage: • Resources (wood) are locally available • Part of the European Common Market • Special Economic Zone: tax exemptions

  9. Legal Services Provided Investors needed legal advice particularly in the following fields of law: • corporate law • labour law • law of contracts • commercial law • real estate • tax law

  10. Summary • CEE is an excellent region for foreign investments (cost structure, qualified labour force, geographical location) • CEE countries are open to and are looking for foreign investments • CEE countries have significantly improved their investment environment (infrastructure, SEZs, curbing corruption) • CEE countries provide a stable legal and political environment

More Related