Just 17 years after Romanian dictator Nicolae Ceauşescu died in front of a firing squad ending 42 years of Communist rule, a Bucharest Internet Entrepreneur says opportunities in his eastern European homeland are vast.

The Outsourcing Weblog reported in 2005 that over the next three years eastern Europe, particularly the Czech Republic and Poland, would challenge Asia as fertile ground for western outsourcing.

The blog cited a media release on a report by the Economist Intelligence Unit, described on its website as "the world's foremost provider of country, industry and management analysis."

Earlier this year, Manhattan-based entrepreneur Eli Portnoy told BootStrapMe.com he had worked to keep costs down for his own company, HireWorkers.com, by outsourcing programming to Ukraine.

The company uses software to scan a data base of 15,000 available workers to find candidates for non-professional positions within two hours at $65 for full-time and $35 for part-time employees.

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