The concept of the Visegrad Group is not so known in our area, but when mentioning the Czech Republic, Hungary, Slovakia and Poland they are not alluded as the most developed countries of Europe. However, this work will prove otherwise concluding that these four countries are one of the most advanced countries in Europe. Visegrad Group consists of Hungary, Slovakia, Poland and the Czech Republic, the countries with a similar historical background; starting as small underdeveloped countries with the markets focusing on the East, they have developed into in the countries that are most advanced in Europe having markets and stimulating environment for the development of the new products and services, for new investments and growth. In order to rise to the present stage of development, these countries had to undergo a long and demanding journey where they came across numerous obstacles. Visegrad Group is not a typical example of a regional alliance because it is not institutionalized but it represents a good cooperation and coordination of neighboring countries based on specific projects, regional activities and flexible and open characteristics. The mentioned cooperation was easily achieved in the field of Economy in the form of CEFTA, the Central European Free Trade Agreement, which was an excellent preparation for their EU membership. CEFTA has enabled the smooth and free operation on the market consisting of nearly 65 million people, so they could learn a lot about cooperation, negotiation, and how to fight for their place on the market. That process was very helpful for getting around on even larger European market. This work will focus on the development of these countries before and after the European Union till this day, also mentioning the obstacles and successes they had to endure during that period of time. Their cooperation and common path to one the most developed countries in Europe will also be the main point of this work.