Lifted Sanctions Good News for Euro IT Vendors

The end of European Union sanctions against Yugoslavia on Monday is opening up a new market for IT vendors. One of the companies that is looking ahead with optimism is Fujitsu Siemens Computers BV.

"The doors have now opened to Yugoslavia, and we are looking forward to working with them to rebuild their infrastructure," said Georg Obermeier, Fujitsu Siemens' managing director with responsibility for Yugoslavia.

The sanctions didn't stop Yugoslavian companies approaching vendors: "We have received a large order for Primergy servers, Intel-based servers, from Yugoslavia," said Judith Grindal, the company's director of corporate public relations. "Earlier, we couldn't do anything about it because of the sanctions, but now, obviously, we can go back and meet that order."

"There is a lot of knowledge in Yugoslavia, and we have a good relationship with our Yugoslav partners, who have shown a lot of interest in doing business with Fujitsu Siemens," Grindal said.

Money is going to be an issue, however, since companies will have to raise funds to meet the new demands, she said.

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