Profits and pitfalls in Eastern Europe

With post-communism de-monopolistation and lifting of trade quotas, eastern Europe should be ripe for the picking. But the region is not for the unprepared, and knowledge of former Eastern Bloc markets is essential.The economies of the Czech Republic, Hungary and Poland especially have opened up dramatically, and trade with the West has expanded rapidly. All three countries have de-monopolised trade regimes in which licensing and quotas now play very small roles.