|
|
Article: Doing business in former Soviet-bloc countries.
- Article from:
- Plastics Engineering
- Article date:
- August 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 Society of Plastics Engineers, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Although the countries of Central and Eastern Europe may require many years to reach their full economic potential, the region offers new market opportunities and potential business partners for US. and Canadian companies.
Momentous changes have occurred in Central and Eastern Europe during the past decade. The monolithic Soviet bloc has disintegrated; Germany has been reunited; and the Soviet Union, Yugoslavia, and Czechoslovakia have ceased to exist in their previous forms. The newly formed independent countries have established governments by democratic elections. The challenges for these new governments are formidable, namely to dismantle the rigid ...