NewsCase StudiesEvents

Emerging Europe

Also in the news...

Foreign travel advice Indonesia

FCDO advises against all travel to parts of Indonesia.

Foreign travel advice Romania

Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).

Foreign travel advice The Gambia

Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).

Foreign travel advice China

Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).

Guidance Living in South Korea

Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.

Emerging Europe

Back to News

Emerging Europe offers opportunities for all UK companies ranging from novice to experienced exporters, and across multiple sectors.

Emerging Europe is made up of 11 markets and over 120 million consumers located in Central and Eastern Europe (CEE).

This region offers:

  • increasingly affluent consumers
  • economic growth at double the rate of western Europe
  • widespread use of the English language
  • low risk compared with other Emerging Markets further from the UK
  • easy accessibility from the UK – just 2 to 3 hours flying time on low cost airlines

UK exports are worth over £16 billion, with goods exports doubling over the past decade, and services exports - over £4 billion - trebling.

What is Emerging Europe?

Markets of Emerging Europe are at differing stages of development, but all offer long-term growth prospects for UK companies. The markets are:

Benefits of doing business in Emerging Europe

The markets offer UK companies a number of advantages including:

  • ease of developing business relationships as located close to UK with access via large number of budget airlines
  • ideal for small and medium enterprises (SMEs) on tight budgets
  • supply chain opportunities in support of strategically important industries
  • opportunities resulting from £170 billion European Union (EU) Structural and Cohesion funds for 2014 to 2020
  • UK’s positive image as a reliable business partner and increasingly as a source of innovative products and services and new technology

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.