For obvious reasons, Central and Eastern Europe is on the short-list of emerging markets to pay attention to. Labor costs are relatively low. CEE companies can sell directly into European markets. And they can draw directly on European talent.
In general, few things facilitate development like having a major economic power as your neighbor.
This month we spoke with Professor Darek Klonowski of Brandon University about Inter Cars SA and his +15 years of experience in Eastern Europe private equity. Specifically we asked about how private equity in the region has evolved and how he sees things today…
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