For some Western executives, investing in Eastern Europe is a way of going home again. Frank Czena of Los Angeles participated in the Hungarian revolution of 1956. When Soviet forces crushed the rebellion, Czena, then 20, escaped by slipping out the back door of his grandmother's house in rural Kunagota just as the Hungarian secret police arrived to arrest him. Now the owner of Iron Masters, a manufacturer of structural steel and decorative iron, Czena feels a swell of pride in the political and economic changes taking place in his homeland. Czena plans to take part by building a steelworks there,...
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