Poland: the industrial sector proves attractive
Article Abstract:
Poland attracted foreign direct investment worth more than $7 billion in the period 1990-1995, and this is set to rise to $22 billion between 1996 and 2000. Most foreign investment takes place in the industrial sector. In 1996, French concern Lafarge bought 60% of cement plant Wierzbica, while PepsiCo increased its stake in confectionery concern Wedel to 82%. There is believed to be strong interest from abroad in the shares of the 15 national investment funds, which are set to begin trading at the beginning of 1997.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
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Locals build large groups
Article Abstract:
Czech bank, Investicni a Postovni Banka (IPB), started a trend in the Czech Republic towards the creation of major holding companies. The bank made a number of majority stake acquisitions in a variety of businesses, at an estimated cost of 3-4 billion Czech crowns. Chemical company, Chemapol has followed suit, with various acquisitions in the textile and weapons industries. An overview of recent developments in central and eastern Europe is given.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
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Hungary: foreign investment grows
Article Abstract:
There was considerable international interest in purchasing stakes in Hungarian companies in 1996. This was particularly seen in the chemical and pharmaceutical sectors, with deals including the sale of a 19.5% stake in Gedeon Richter and the purchase of a majority stake in EGIS by Servier. Total foreign direct investment in Hungary was $11.2 billion in 1990-1995, and is set to rise to $12.9 billion in the period to the end of the 1990s.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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