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Manufacturers turn to Central and Eastern Europe for expansions: companies like L.G. Philips,...

By Thuermer, Karen E.
Publication: Expansion Management
Date: Saturday, July 1 2006

CHINA IS TURNING MATURE NATIONS on end. But for Western Europe, the continually emerging economies of Central and Eastern Europe are giving countries like Germany, France, the UK and the Netherlands a run for their money.

The United Nations Conference on Trade and Development (UNCTAD) maintains that Asia and Eastern Europe offer the most positive foreign direct investment (FDI) prospects through 2008.

Supachai Panitchpakdi, secretary-general of UNCTAD, said the findings suggest that countries need to seize the investment opportunities but must also pay atten

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