Frank Kebbedies Company-Services

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EU - A Large European Market

With the event of the extension by May 1, 2004, Estonia, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia, Czech Republic, Hungary, and Cyprus (Greek part) are full member states of the European Union (EU). The EU has now both 25 members and 456 million people, representing the largest market of the western world. By fulfilment of the Schengener Agreement, trade will then be possible without any restrictions in Europe and the exchange of goods, services, capital, and people will be executed within a common market.

The large European market also provides advantages for foreign companies:

  • The EU represents a market with 456 million potential consumers
  • Homogeneous trade relations with all member states of the EU
  • The costs of trade will decrease within Europe

Frank Kebbedies Company-Services supports companies to establish their target business in the EU.