Central and Eastern Europe

Through its first investment fund launched in Poland in 1992, SEAF began working in Central and Eastern Europe shortly after the fall of the Berlin Wall. As newly independent economies began to emerge in the region, we started to expand our network of promising entrepreneurs. SEAF’s regional footprint has since spread from the Baltics (Estonia, Latvia and Lithuania), through Poland, Romania and the Balkans (Bulgaria, Croatia, Macedonia, and Serbia) to Armenia and Georgia. Throughout the region, SEAF’s investment officers have sought out innovative entrepreneurs, providing them with investment capital and expert business assistance to help their companies grow and increase in value.

Seeking to lend additional support to entrepreneurs in the region, in 2005 SEAF, together with USAID, used investment returns from our funds to launch the first Center for Entrepreneurship and Executive Development (CEED) in Bulgaria. CEED has since expanded and provides entrepreneurs with business training and technical support through its network of CEED centers.

Our Investment Vehicles in Central and Eastern Europe

Related Portfolio Companies

  • Date
    October 29, 2014
    Serbian grocery store chain Gomex expanded from 16 stores to 60 in the three years following SEAF’s investment.
  • Date
    July 29, 2015
    Mercurius is an office supply retailer that ranks second in Bulgaria’s office supply retailers and has nearly doubled its workforce since SEAF’s investment.
  • Date
    July 29, 2015
    SEAF’s three investments in Frozen Food Latvia helped the company become the leading independent frozen food distributor in Latvia.
  • Date
    October 29, 2014
    Medifarm is a leading Croatian pharmaceutical distributor and with capital from SEAF, it was able to acquire new customers, increase sales, and sell on the international market, launching a subsidiary in Serbia.