The Wall Street Journal Friday, July 9, 1993, p. A6.
Top Executives Name Czech Republic Most Attractive for Future Investment
By Frederick Kempe and Cacilie Rohwedder
'It's only six months since the Czech Republic's "velvet divorce" from
Slovakia, but no other country or region in Central and Eastern Europe
gets a higher vote of confidence, according to a survey of senior
"The Czech Republic, in my oppinion, is the most promissing part of
Eastern Europe for the next five to 10 years," says Gabor Varszegi, chief
executive of Fotex, one of Hungary's most successful companies.
Mr. Varszegi says the golden days of foreign investment in his own country
are over. Fotex has done all it can there, expanding from a fast-photo
operation to a diversified concern controlling half of Hungary's retail
trade through its products and those it distributes for such western
companies a Eastman Kodac Co. and Colgate-Palmolive Co. So he says Fotex
will look abroad. For the long term, Mr. Varszegi views the rich Russian
market as a chance to turn Fotex into a truly multinational company. But
for now, the risks are too high.
That's where the Czech Republic comes in. "The Czechs have a certain
heritage of democracy, are a natural suppliers of Germany, have an
acceptable industry and European behavior," Mr. Varszegi says........'
Beirta Balazs Zoltan
Hallott-e Mr. Varszegi "market phychology"-rol, hogy ilyen joindulattal
nyilatkozik Magyarorszagrol? Vagy talan epp azert mert hallott rola
azert a nyilatkozat? Mr. Varszegi kapitalizmusbol A+ hazafisagbol F.