Record number of investments from private equity and venture capital in Central and Eastern Europe. Polish companies are what really drew the investors. In 2017, the value of the investments reached EUR 3.5 billion according to Invest Europe.
Compared to 2016 there has been a 113 percent increase. The sum also surpasses the previous investment record in 2008 by 40 percent.
According to the Central and Eastern Europe Private Equity Statistics 2017 report conducted by Invest Europe, almost two thirds of capital was drawn by the consumer goods sector. Second was the technology industry with 11 percent.
Companies from Poland, the region’s largest market, were what really drew investors – 71 percent of all the money went to them. Second were Romanian companies followed by Hungarian and Latvian.
“International investors are drawn by the attractive economic growth of the region, high consumer spending but also the private equity financial managers’ ability to identify investments with high growth potential,” said Robert Manz of Enterprise Investors.
Examples of companies which benefited the most from the investments are Czech Avast Software, which made a debut on the London Stock Exchange. In Poland, the food network Dino Polska had dynamically increased its number of stores up to 630, just before their debut on the Warsaw Stock Exchange.