Starting a firm in Central European countries – possibilities and problems

Posted on 21/06/2020 8:11am

Habing a organisation in one of the Central European countries brings us some opportunities, however as well many difficulties. In general this localisation is nice area to have a business.

industrial park
Author: Heribert Pohl --- Thanks for more than 1.400.000 Views
If we look at countries from Poland to Hungary we will have many similarities in this area. Firstly, this states have got great and well-educated blue-collar workers and they are not that expensive as in Western European countries, furthermore the organisation of the legal system is much more effective than in contries of Central and South Asia. Countries such as Hungary, Czech Republic and Slovakia have got a great roads and logistic background. In the Republic of Poland quality of the communication arteries is not that high, however it has improved for the last 10 years, but the industrial park in Poland is quite large. Warehouses in Poland, Czech Republic and Slovakia are available (read more - poland real estate), in Hungary we can have some difficulties if we need to rent a big area.

The Southern European states have got a good climate, however in Poland it depends of the season of the year. Now we have got very hot summers, however not very cold winters, therefore logistic go without problems, nevertheless bad weather can happen in January or February (sometimes even in April or May) will be cold, specially in Poland. It is a nice idea to buy winter tires, even if we have them just in case. Industrial park in Poland is quite large, nevertheless it needs investments and innovations, there is still lots of things to do in these case, in other countries these issues seems to be better.

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The general difficulty is the instable political situation in Hungary and the Republic of Poland (mining equipment manufacturers) and the problems on boarders with Russian Federation and Ukraine. The Eastern European states constantly have got a large impact on the economic situation in this area. Nevertheless companies with its transporting, accounting systems, warehouses in Poland, Hungary, Czech Republic and Slovakia have a huge area to growing up and extension.

hi-tec in Poland
Author: Dell Inc.
It is a marvelous possibility to open a corporation in Central Europe, however it is associated with some risk. It is good to have a social background in the Western European states or in the US.

Tags: region, business, difficulties, risk