About private equity

How private equity invests in privately-owned businesses, supports jobs and creates prosperity.

Members

Login to access your exclusive member-only content and account information.

Login

Not a member? Join us

  • Operate to the highest level of professional standards
  • Access authoritative industry research and data
  • Navigate the complex EU regulatory environment
  • Network and engage with industry leaders
News & opinion
Newsroom
Share

A robust year for investment, divestment and fundraising as CEE activity strengthens

28 Aug 2015

A record 290 companies in Central and Eastern Europe received private equity and venture capital investment in 2014 as capital invested by funds across the region increased by 66% on previous year to €1.3bn, according to new data released today by the European Private Equity and Venture Capital Association (EVCA). At the same time, fundraising increased in 2014 more than threefold to €1.5 billion and exits stood at €1.3 billion (measured at original cost), up 32% on previous year.

The figures come from the Central and Eastern Europe (CEE) Statistics 2014 report, a 50-page paper tracking private equity and venture capital activity in the region. The data shows a broad improvement in private equity fundraising, investment and divestment activity in CEE, with rising participation from domestic and regional investment firms, as well as increased interest from pan-European and global private equity investment groups.

“Private equity and venture capital investment activity in CEE more than lived up to expectations in 2014. A record number of companies received investment in 2014, driven by strong venture capital investment across the region. Larger investments also prospered as demonstrated by the sharp rise in buyout activity and the first €1bn enterprise value investment in CEE since 2009,” EVCA Chief Executive Dörte Höppner said.

The significant findings from the CEE Statistics 2014 report include:

• Buyout equity investments increased 120% to €935m in 2014.
• Total private equity and venture capital fundraising increased more than three-fold to €1.5bn, the highest total since 2008 and the fourth best result ever.
• Divestments increased by 32% in 2014 to €1.3bn (at historical investment cost), the second-highest level recorded in the region.

“The figures in the 2014 report underline the encouraging macroeconomic trends in the region. Higher GDP growth rates, low inflation and falling unemployment in many CEE countries created an attractive backdrop for private equity firms and international investors to focus on region. We encourage more investors to investigate the attractive opportunity CEE presents,” said Robert Manz, Chairman of the EVCA CEE Task Force.

This annual report has been produced by the EVCA in collaboration with the EVCA Central and Eastern Europe Task Force and PEREP_Analytics statistics unit. The EVCA would like to thank their partner, Gide Loyrette Nouel, for their sponsorship of this paper.

Media enquiries For more information please contact

Lynn Nicholson Image

Lynn Nicholson

Communications

Communications Director

Maria Nikolaidi Image

Maria Nikolaidi

Communications

Senior Communications Officer

Share

What can I do to manage cookies stored on my computer or phone?

You can accept or refuse cookies. Accepting cookies is usually the best way to make sure you get the best from a website.

Most PCs automatically accept them but you can change your browser settings to restrict, block or delete cookies if you want. Each browser is different, so check the 'Help' menu of your particular browser (or your mobile phone's handset manual) to learn how to change your cookie preferences. Many browsers have universal privacy settings for you to choose from.

Help on how to set and customise your cookie settings for your browser

How to manage cookies in Internet Explorer

Cookie settings in most versions of Internet Explorer can be found by clicking the tools option and then the privacy tab.

How to manage cookies in Firefox

Cookie settings in Firefox are managed in the Options window's Privacy panel. See Options window - Privacy Panel for information on these settings.

How to manage cookies in Chrome

Click on the spanner icon on the toolbar, select settings, click the under the bonnet tab, click on content settings in the privacy section.

How to manage cookies in Opera 

You can manage cookies in Opera if you Click on settings, then Preferences, then Advanced and finally Cookies

How to manage cookies in Safari

Choose Safari, then preferences and then click security. You should then be able to specify if and when Safari should accept cookies.

To manage cookies on your mobile phone please consult your manual or handbook.

Get more help about how cookies work with specific browsers.

What happens if I don't accept cookies?

If you decline cookies, some aspects of Invest Europe site may not work on your computer or mobile phone and you may not be able to access areas you want on the website. For this reason we recommend that you accept cookies.

What happens if I delete my cookies?

If you delete all your cookies you will have to update your preferences with us again and some aspects of our site may not work.

What happens if I change computers or mobile?

If you use a different device, computer profile or browser you will have to tell us your preferences again.

If you'd like to learn more about cookies in general and how to manage them, visit aboutcookies.org.

We can't be responsible for the content of external websites.

Opt-out of cookies

Login

Join today

This is for members only. To view in full login or join Invest Europe today.