Eastern European companies are basking in the light of surging investor interest, but how ready is the local IR scene for EU accession?
It's been on the calendar for several years now, but IR professionals in Central and Eastern Europe (CEE) are beginning to play down many of the benefits presumed to follow May 1, the date on which ten CEE countries become members of the European Union (EU). The perception has long been that pan-European funds, many of which will be allowed to invest in the region's equity markets for the first time, will increase capital flows and help ramp up local IR practice to western standards.However,
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