Foreign Investors Summit 2016 – Blog

Blog

IT market remains in growth mode, while R&D gains prominence, say players

Romania’s IT industry is set to exceed EUR 4 billion next year and more firms are focusing on research & development (R&D) projects in the country, said industry representatives during the third Foreign Investors Summit (FIS).

“In Bucharest we have two teams working exclusively on R&D. The first is involved in automated testing and the […]

November 4th, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Financiers highlight Romania’s attractiveness for investments, make case for entrepreneurial education

During the third day of the Foreign Investors Summit (FIS), panelists tackled topics such as Romania’s potential to attract investments, and pinpointed the sectors most likely to secure funding from both financial institutions and private investors. They also highlighted the need for entrepreneurial education to boost growth.

The financiers participating in the Funding round | […]

November 4th, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Automotive industry calls for focus on local vocational education

The promotion of the vocational education system in Romania should be the priority of the public authorities, suggested company representatives during the third Foreign Investors Summit (FIS).

“Romania needs a much stronger exchange between schools and the industry,” said Johannes Heidecker, CFO of Star Transmission, the company making gearboxes for the German Daimler.

Mihai Boldijar, general […]

November 4th, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Investors waiting for new national energy strategy

The authorities are working to complete the new national energy strategy, which is set to map the country’s objectives in this industry over the coming decades, considering that current oil and gas reserves could be depleted by around 2025, said government and industry representatives, during the third Foreign Investors Summit (FIS).

“It is difficult to […]

November 4th, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Focusing on human capital is key to future growth, say investors

Romania can outperform its own positive economic results and ensure sustainable growth, but for that to happen it needs to focus on developing its labor force, said panelists during the third edition of the Foreign Investors Forum (FIS).

“To compete or not to compete?” challenged John Riker, managing director of the Blue Ocean Strategy Initiative […]

November 4th, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Making a case for entrepreneurial education

Speakers on the panels of Day 3 of the 2016 Foreign Investors Summit (FIS) made a case for entrepreneurship education as a powerful and necessary tool in shaping the future of entrepreneurship in Romania.

The need for education emerged as a theme across panels, with speakers representing both the public and the private sector stressing […]

November 3rd, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Matteo Patrone (EBRD): Romania is on the map of investors

During the third and last day of the Foreign Investors Summit (FIS), panelists participating in the Funding round | Perceptions vs Realities discussed Romania’s potential to attract investment in the current economic and political climate. 

According to financiers, due to its current political stability and high economic growth rate, Romania finds itself in a favorable position, compared to the neighboring countries. “Romania is on the map of […]

November 3rd, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Iulian Sorescu (Noerr), on the new state aid scheme: Investments over EUR 1 million can receive up to 70 percent financing

Iulian Sorescu, associated partner, head of Financial Department at Noerr, said on Wednesday, during the second day of the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that Romanian authorities are planing to launch a new state aid scheme that focuses on small and medium-sized enterprises.

“Aside from the two state aid schemes […]

November 3rd, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Mihai Boldijar (Robert Bosch Romania): In the past 10 years we invested EUR 200 mln

Mihai Boldijar, general manager, Robert Bosch Romania, said on Wednesday, during the second day of the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that the company has invested EUR 200 million in the country in the past decade.

He said that the company has locally several operations, including a BPO unit and […]

November 2nd, 2016|Blog, Foreign Investors Summit 2016|0 Comments

Claudiu Petre (Telekom Romania): The local outsourcing market employs 63,000 people and is worth RON 1.2 billion

Claudiu Petre, structural funds and business development projects manager at Telekom Romania, said on Wednesday, during the second day of the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that the outsourcing market in Romania currently employs 63,000.

According to Petre, the value of the local outsourcing market is worth RON 1.2 […]

November 2nd, 2016|Blog, Foreign Investors Summit 2016|0 Comments