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Erste Group: CEE Companies More Efficient than Western Counterparts

Business › Economy ♦ Published: November 10, 2010; 16:59 ♦ (Vindobona)

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CEE companies are more efficient, more profitable and less indebted as Western companies. The German corporate sector is the only sector to compete with CEE companies.

Erste Group: CEE Companies More Efficient than Western Counterparts / Picture: © Erste Group / Helmut Lackner

Central and Eastern European (CEE) companies are significantly less indebted, more profitable and generate double return on capital, also due to higher operational efficiency. Thus, CEE countries are more appealing in the race for capital compared to their Western peers. These are the main key findings of Erste Groups special macro report, assessing the operating…