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What the markets offer
Page 48
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East Germany: With the union between the two Gennanies likely next year, East Germany could prove an exciting prospect for parcels companies as western investment moves in.
Hungary: The most capitalistic of Eastern bloc countries. It has everything from fast-food chains to City accountant firms and tabloid newspapers. Expect a 300% growth in joint ventures this year. Czechoslovakia: Outside cosmopolitan Prague, much of Czech industry is inefficient and outdated. Playwright-president Havel is keen to westernise the economy. Prague's central European location and closeness to the west could make it a viable hub. Good motorway to Bratislava. Romania: A ruined economy, with experts advising a return to smallscale private farming. Roads poor, but one bonus is a good internal air network.
Bulgaria: On the periphery of Europe and poor. Its Communist leaders, however, are keen on reform.
Poland: Going through the trauma of the Solidarity government's austerity programme. Several parcel companies are drawn to Warsaw and Krakow.
Soviet Union: If Gorbachev's reforms to introduce a market economy succeed, the Soviet Union could become one of the world's biggest markets. Parcels and other companies are keen to get in for prestige as well as profits.