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By Poul Pedersen, Managing Partner and Alexey Dolgikh, Country Manager Ukraine

Introduction

With a population of almost 50 million, Ukraine is one of the largest consumer markets in Central and Eastern Europe (CEE). The country’s considerable industrial base, highly educated and inexpensive labour force, strategic geographical location promise substantial business opportunities. The year 2004 was one of the best for Ukraine’s economy - real GDP grew an amazing 12%.

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By Poul Pedersen, Managing Partner and Kristina Vaivadaite, Partner, Country Manager Lithuania

Introduction

Scandinavian investments to the Baltic countries have been large and welcome. Scandinavian management practices have influenced the Baltic countries strongly to the benefit of current and future Scandinavian investors.

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By Poul Pedersen, Managing Partner and Sabit Tapan, Partner, Country Manager Turkey

Introduction

In multinational country-cluster organisations, Turkey is sometimes within Eastern Europe, sometimes within Middle East & Africa, and sometimes in “Others”. With EU negotiations on track multinationals are increasingly viewing Turkey as a future EU country and are grouping Turkey together with Central and Eastern Europe. It was this trend that encouraged Pedersen & Partners to open its Istanbul office in September 2004.

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By Poul Pedersen, Managing Partner, Minerva Cernea, Principal and Todd Savidge, Principal

Searching for executives in Central and Eastern Europe (CEE) is quite different from searching for executives in Western Europe. In fact, this grouping is somewhat artificial, as inside what is commonly referred to as CEE we can identify several subgroups: South East Europe (SEE - Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Romania and Serbia and Montenegro), Central Europe (CE - Czech Republic, Hungary, Poland, Slovakia, Slovenia), the Baltic States, Russia, and other CIS markets.

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By Michael Al-Nassir, Partner

Overview

Over the last decade in Central and Eastern Europe, the term Executive Search has been used in the widest sense, sometimes pushing the boundaries of its definition. In order to fully utilise the potential this service has to offer, it is necessary to understand what the term means.

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