Emerging European markets will attract larger investments next year than Asia, Russia and South Africa, with Romania and Poland being the most attractive destinations, according to a survey among such risk capital investments funds (equity funds), according to Wall Street Journal.

More than two thirds of the 100 specialists in private equity funds, who invest in companies which are not traded on the stock exchange, answered the poll conducted by Mergermarket that the East European region is the most attractive destination for Western risk capital investment funds.

Thus, the number of specialists who said Asia and Russia will attract larger investments was only half the number of those who said Eastern Europe is more attractive, with 1 in 10 people having answered South America will rank first in terms of attractiveness for the risk capital investment funds.

The survey also revealed that Romania and Poland from the East European countries are the most attractive for such funds.
The study was conducted by Remark, the research division of Mergermarket, in cooperation with accountancy consultancy company KPMG LLP, the Unicredit investment bank and the law firm Baker & McKenzie.

In order to support the private investment flow in the region, 71% of the respondents said authorities should implement fiscal incentives to stimulate foreign investment, with half of the specialists saying the governments should reduce protectionist measures for local companies against foreign ones.

Source: Financiarul.ro