Central & Eastern Europe

For any company opening a new office in an unknown market it is often a costly and risky step with many unknown hazards. Companies that have appointed Globair Group to act on their behalf have benefitted from our specialist knowledge of the CEE market as well as our long established relationships with local businesses.

 

Country	Population	GDP 2010 (bln. $)	GDP 2010 (per cpt. $)	EU Member	Area (km2)	Currency
Albania	3,000,000	11.773	3,677	No	28,748	Lek (ALL)
Bosnia & Herzegovina	4,600,000	18.294	4,702	No	51,209	Mark (BAM)
Bulgaria	7,400,000	47.702	6,334	Yes	110,994	Lev (BGN)
Croatia	4,500,000	60.589	13,720	No	56,594	Kuna (HRK)
Cyprus	800,000	23.174	28,237	Yes	9,248	Euro (EUR)
Czech Republic	10,600,000	192.152	18,288	Yes	78,866	Koruna (CZK)
Estonia	1,300,000	19.779	14,836	Yes	45,228	Euro (EUR)
Greece	11,300,000	305.415	27,301	Yes	131,990	Euro (EUR)
Hungary	10,000,000	128.960	12,879	Yes	93,030	Forint (HUF)
Latvia	2,200,000	24.045	10,694	Yes	64,589	Lats (LVL)
Lithuania	3,200,000	40.333	12,323	Yes	65,200	Litas (LTL)
FYRoM	2,100,000	9.108	4,431	No	25,713	Denar (MKD)
Moldova	3,600,000	5.810	1,630	No	33,846	Leu (MDL)
Montenegro	700,000	4.017	6,025	No	13,812	Euro (EUR)
Poland	38,200,000	468.539	12,300	Yes	312,685	Zloty (PLN)
Romania	22,000,000	161.629	7,542	Yes	238,391	Leu (RON)
Serbia	7,300,000	41.307	5,574	No	88,361	Dinar (RSD)
Slovakia	5,400,000	86.262	15,906	Yes	49,035	Euro (EUR)
Slovenia	2,000,000	46.442	23,009	Yes	20,273	Euro (EUR)
TOTAL	140,200,000	1,695.330	-	-	1,517,812	19

 

Globair Group covers 19 CEE countries of a vast area of 1.5 mil. km2 with population of over 140 mil. inhabitants. (To compare – the population of California is around 37 mil., United Kingdom 61 mil., Japan 128 mil.). The chart above provides an overview of the markets where Globair Group currently has an active presence.

The names of the countries are linked into the European Union website where you can find more detailed information.