Does your investment made the best choice in CEE countries? Part2 (Cont’d)

No.4: Aircraft industry

There are not too many aircraft industry in CEE countries, but in some typical country it has relative advanced technology in manufacturing aircraft.

Czech Republic:

It mainly provides civil aircraft, light sport aircraft and private aircraft, the average annual production is 550 light aircrafts and sport aircraft also 1400 aircrews. It holds the whole intellectual property, 80%of its production are exported. It is the second largest aircraft producing country which after Germany. Recently, the new aircraft such as light fighter, sport airplane, glider and air traffic control system has become the main production in Czech aircraft industry. Nowadays, there are 7 main aircraft manufacturers, the biggest two are Aero Vodochody and Evektor-Aerotechnik.

Poland:

Poland starts its aircraft industry since the beginning of 20 century. It has high technology in aircraft repairing and producing. There are around 55 enterprises of aircraft producing in Poland, which mainly exports to America, Venezuela, Italy, Greece, Canada, Spain, Germany, Korea, Indonesia, Vietnam and Iraq. For the most important is the education resources there, for example they have a university called Rzeszow University of Technology, they set there a high-tech center. On the other hand, Poland has potential in repairing and maintaining. Till 2006, there are 28 enterprises in Poland have got the Part-145 aircraft repairing certificate.

Slovakia:

In Slovakia, it has a solid foundation in mechanical manufacturing industry, the most advanced technology is DV-2 engine which is widely used in trainer aircraft.

 

No.5: Viniculture

You can find pretty nice weather and comfortable climate there in CEE which is good for producing grape wine also they have long history in viniculture. Romania, Bulgaria, Hungary, Czech, Serbia and Macedonia are all the famous wine country.

Hungary:

Hungary has long history in producing grape wine, the variety and quality of grapes are quite high in Hungary. The famous grape wine as we can count are Bikaver, Tokajiaszu, Ekfrakos,Liszt’s favorite Kdarka and so on. For the Tokajiaszu is the well known world sweet wine. The royal France call it the king of the wine.

Bulgaria:

Bulgaria is pretty rich in producing grapes, as one of the top 15 wine producing countries, wine-making industry has become an important traditional industry. The Vinaria exhibition of Plovdov will take place every year in Bulgaria, it is the largest exhibition in CEE countries. The president of Bulgaria says wine is the image of its country and it is the main feature of its national economy. There are 255 enterprises have registered in the national grape and wince association. The main export markets are Russia, Poland, Germany, UK and Czech.

Romania:

Romania is one of the biggest world wine producing countries. They call themselves “the land of wont”. It is well-known by its quality and designing, especially Feteasca regala and Recas are the most favorable wine. The main manufactures are Vincon in Varabcea, Murfatlar, Halewood Group.

Hope you will know more about CEE countries after read this article, and does your investment made the best choice?

Source:

http://en.wikipedia.org/wiki/Central_and_Eastern_Europe

http://en.wikipedia.org/wiki/Motor_industry

eepcindia.org/bulletin/b20050810/OMI.pdf

www.iese.edu/research/pdfs/DI-0920-E.pdf