Earlier this year, economists at the Vienna Institute for International Economic Comparisons forecast GDP growth of 2.5 per cent for the eleven Eastern European EU Member States in 2024. This means the region is likely to become the driving force behind the European Union’s economy this year.

Many German companies operate in Eastern Europe, where they have a subsidiary or even a production facility. But what local challenges do the treasury departments of these companies face?

On 21 March 2024, an online event as part of the VDT’s series on Eastern Europe took place from 2.00 pm to 3.30 pm.

In this article, we spoke to treasury experts from two German companies about the local challenges from a treasury perspective. Speakers from Würth Finance International B.V. and Fresenius SE & Co. KGaA provided insights into cash management, risk management and the various financing requirements in Eastern Europe.

Experts from Raiffeisenbank International AG and the German Committee on Eastern European Economic Relations (Ost-Ausschuss der Deutschen Wirtschaft e.V.) rounded off the event with presentations on economic background data and local experiences. Alexander Spieker, a member of the VDT’s Risk Management department, moderated the online event.

We would like to thank everyone involved for helping to make the events a success, and the participants for their positive feedback.

We would like to thank everyone involved for helping to make the event a success, and the participants for their positive feedback.