Cognotec Looks To Central & Eastern Europe For Growth

NEWS

LONDON--E-commerce trading solutions provider Cognotec is to open a new office in Prague in anticipation of increased international trade and forex transactions in central and eastern Europe. The company has also expanded its European coverage with the opening of new offices in Austria and Germany.

"In central and eastern Europe, whilst usage of the internet is lower than in, say, Scandinavia, many banks have little electronic trading infrastructure and accordingly are moving directly to web