Overview of Eastern Europe
Eastern Europe is a region located in the eastern part of the European continent, historically influenced by powers such as Russia, the Ottoman Empire, and the Austro-Hungarian Empire. During the Cold War, many countries in this region were under Soviet influence and experienced communist regimes.
According to the United Nations classification, “Eastern Europe” includes Belarus, Bulgaria, the Czech Republic, Hungary, Poland, Moldova, Romania, Russia, Slovakia, and Ukraine. In recent years, these countries have continued to develop through EU membership and economic reforms.
Geographically, the region features vast plains, with some countries bordering the Baltic and Black Seas. Culturally, Slavic ethnic groups dominate, with unique languages and religions (mainly Eastern Orthodox and Catholic). Historical landmarks and rich natural environments serve as key tourism resources.
Economic and Industrial Characteristics of Eastern Europe
Eastern Europe has experienced rapid economic growth over the past few decades, driven by a transition to market economies and economic reforms, particularly in EU member states. Manufacturing, agriculture, and energy resources form the backbone of the economy, while the IT and service industries have also grown in recent years.
- Manufacturing and Industrial Production
Poland, the Czech Republic, and Slovakia thrive in the automotive and electronics manufacturing industries, attracting numerous international companies. A stable workforce and strong cost competitiveness are key advantages. - Energy Resources
Russia is a major global supplier of oil and natural gas, influencing the energy policies of the entire European continent. Ukraine and Belarus also play crucial roles as hubs for energy transportation. - Agriculture and Food Processing
Agriculture is a vital industry in Romania and Bulgaria, with significant production of grains such as wheat and corn. The food processing sector also supports regional economies. - IT and Service Industries
Poland and the Czech Republic are experiencing rapid growth in IT outsourcing, with technical services for international companies emerging as a new pillar of their economies.
Infrastructure development and foreign direct investment (FDI) are advancing, particularly in EU member states, driving economic modernization. However, geopolitical risks in countries like Russia and Ukraine impact economic growth.
Eastern Europe is leveraging its abundant resources and workforce to strengthen its role as a manufacturing hub, while the growth of the service sector contributes to economic diversification.
Eastern Europe Business Database
The Infobel Global Business Database covers all countries in Eastern Europe. Infobel, based in Belgium, offers a European business database known for its high update frequency, extensive coverage, accuracy, and up-to-date information.
COUNTRY(10 countries) |
Belarus, Bulgaria, Czech Republic, Hungary, Poland, Moldova, Romania, Russia, Slovakia, Ukraine |
DATA TYPE |
Business Database |
INDUSTRY CLASSIFICATION |
SIC(Standard Industrial Classification)、Infobel Industry Classification |
UNIVERSE |
Approx. 19,500,000 |
FREQUENCY OF UPDATES |
Monthly |
DATA ELEMENTS |
Basic Pack: company name, trade name, postal address, name decision makers, phone number, fax number, mail address, website, web domain, activity, language, registration number, legal form, sales, employee size, marketability, legal status, import, export, family members, year started Corporate Linkages Pack: corporate linkages Historical Data Pack: sales, employee size, year started, family members Publishing Pack: directory name, website address, web social media links, publishing strength, opening hours Executives Pack: up to 11 positions of executives, full name, first name, gender, language Geography Pack: up to 11 positions of executives, full name, first name, gender, language *Basic Pack is mandatory for all additional pack deliveries. |
LANGUAGE |
English |