Foreign Investors Summit 2016 – .

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PM Ciolos: The American investors are interested in Romania

The American investors are interested in Romania, said the prime-minister Dacian Ciolos in a meeting with the representatives of the US business environment.

He didn’t want to give names, but he claimed that some companies want to expand their businesses that they already have on the Romanian territory.

„I have discussed with them about the bureaucracy […]

By |September 24th, 2016|Uncategorized|0 Comments

Manuel Costescu (InvestRomania): Romania is a regional hub in IT and automotive

Romania is a regional hub in IT, automotive and cars components sector, industries that have found a skilled work force at competitive costs, said on Friday Manuel Costescu, state secretary for Foreign Investments Promotion in the Ministry of Economy, at the forum “China (Xianghstan) – Romania Investment Forum”.

„China is not only a trustworthy partner, but […]

By |September 23rd, 2016|Uncategorized|0 Comments

Chinese firm plans USD 30 mln plant investment in Brasov for car parts maker

The company Ningbo HuaXiang Electronic Co Ltd from China, which is active in the cars components field, will invest USD 30 million in Brasov, in a new production hall, which will manufacture spare parts and accessories for German Mercedes cars. The investment’s beneficiary is the German-Romanian company Hib Rolem Trim and the project will start […]

By |September 23rd, 2016|Uncategorized|0 Comments

FDI to Romania up by 19 pct on seven months to EUR 2.34 bln

The foreign companies made direct investments in Romania valued at EUR 2.34 billion in the first seven months of this year, a growth of  18.6 percent compared with the same period of the last year, according to the data of the National Bank of Romania (BNR).

The foreign investments amounted to EUR 1,97 billion in […]

By |September 14th, 2016|Uncategorized|0 Comments

Analysis. Foreign companies looking to promote vocational training in Romania | What are the challenges

With fewer than 12,000 Romanian students having graduated from a school providing professional training in the 2015-2016 academic year, foreign companies are looking to intensify their efforts to promote the vocational education system in the country.

Ovidiu Posirca

The German, French and Austrian business communities in Romania have been struggling in the past few years to […]

By |September 13th, 2016|Uncategorized|0 Comments

Romania can be among top 10 EU economies until 2036, says Foreign Investors Council

Romania can increase its economy four times in the next 20 years and to become one of the top 10 economies of the European Union, if it focuses on three key pillars for investment and reform and together with a proper governance framework, according to the Foreign Investors Council (FIC).

The current Romanian growth rate, […]

By |September 12th, 2016|Uncategorized|0 Comments

Ambassador Maior: Big American companies interested to invest in Romania

Romania’s ambassador to Washington, George Maior, said that there is fresh interest of big American companies to invest in Romania. He underlined the fact that investors need a clear economic legislation and an environment without corruption.

„The American investors need predictability regarding the economic legislation, fiscal regime, they need a less bureaucratic regime regarding the […]

By |September 2nd, 2016|Blog, Uncategorized|0 Comments

Romania will not adopt the euro by 2018, Minister Dragu says

Romania will not adopt the euro by 2018. Instead, the Romanian Government will present the European Commission in 2017 with a plan regarding the adoption of the euro.
EU Member States, Minister of Public Finance Anca Dragu told Realitatea TV, must express their position towards adopting the euro. As a result, in April 2017 the […]

By |September 1st, 2016|Uncategorized|0 Comments

Romania, among the main CEE destinations for private equity financing in 2015

Private equity and venture capital investment in Central and Eastern Europe last year reached its highest amount since 2009, according to new data from Invest Europe. Among the main destination of private equity financing in the CEE region in 2015 was Romania, with 9 percent of the total financing.

The other main destinations of private equity […]

By |August 31st, 2016|Uncategorized|0 Comments

Agricultural productivity increases but still below potential, say investors

Romania has taken concrete steps towards improving its agricultural productivity over the past years, albeit progress remains slow, discussed participants to the agriculture conference part of the Foreign Investors Summit organized this week by Business Review.

One problem that continues to hinder productivity is land fragmentation, said George Turtoi, state secretary with the Ministry of Agriculture and […]

By |October 29th, 2015|Blog|0 Comments