The institute contributes to the organization and support of teaching and education at college and university level.

The institute contributes to education and further training of managers in Eastern and Western Europe.

The institute collects, analyses and evaluates information of these economic areas and conducts project-based applied research.

The institute supports decision-makers from economy, politics and associations by the exchange of know-how and experience.

The institute improves the understanding of these economic areas and contributes to the economic and cultural development in these regions.

The institute initiates and supports international cooperation among medium-sized companies and institutions.