All eyes east: The rise of Central and Eastern Europe’s tech scene; Conrad Egusa; TNW

Estonia – Historic Centre (Old Town) of Tallinn

In a recent Financial Times article Valentina Romei writes, “Nowhere in the world have expectations for growth changed so rapidly and positively as in central and eastern Europe.

Romei is referring to the forecast for general economic growth in the region, which has trumped expectations so far in 2017. But Central and Eastern Europe, CEE, is surpassing expectations in more than just its strong economy, set to become one of the forerunners in the fourth industrial revolution.

Just ten years ago, CEE was not on foreign tech investors’ maps. However, thanks to the step up offered by unicorns such as Skype, Prezi, Transferwise and Avast, newer players like AeroMobil, and the emergence of multiple, active, growing startup ecosystems across the region, CEE is drawing eyes east, and marking its territory as a serious contender in the tech world.

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