Entrepreneurs Spruce Up the Old Bloc

Forty-six businesses in ex-Communist countries climb onto our list of Europe's 500 Hot Growth Companies, up from one a year ago

Central Europe's economic revival is entering a new phase. Since the fall of the Berlin Wall, low-cost manufacturing and outsourcing have been key drivers of the region's growth. But now, grassroots entrepreneurship is starting to flourish from the Baltic to the Balkans.

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