Foreign Investors Summit 2016 – Blog


Half of Romanians would make extra efforts to buy local products, says iSense Solutions

Half of Romanians are willing to make an extra effort, such as driving a longer distance, to buy Romanian products in a supermarket or hypermarket, a study conducted by iSense Solutions shows. Romanian origins are among the most important criteria – along with freshness, taste and variety – that makes consumers choose a particular […]

October 8th, 2015|Blog|0 Comments

Romania keeps 34th spot in renewable energy attractiveness top of 40 countries

According to EY’s latest study, Renewable energy country attractiveness index (RECAI), ranking 40 countries in terms of attractiveness and investment opportunities in the renewable energy sector, Romania holds the 34th position it had last year.
Scoring 44.8 on the RECAI scale, Romania rates best in geothermal energy options (scoring 25), hydro power (27), solar CSP (27) and onshore […]

October 6th, 2015|Blog|0 Comments

Romania climbs six ranks in global competitiveness report

According to the Global Competitiveness Report and the annual assessment of the economic environment and its ability to achieve sustained economic growth, Romania ranks 53, up six positions from last year. The report is done by the World Economic Forum (WEF) and contains a ranking of the most competitive 140 countries worldwide, based on criteria […]

October 5th, 2015|Blog|0 Comments

Romania has still to warm up to solar energy, experts say

A recent Roland Berger study elaborates on the topic of decentralized solar energy generation producing significant changes for the utility industry, the shift posing a major threat for the current business model of utilities. At the same time, solar PV creates new business opportunities that fit well with the existing competences of the utilities, […]

October 2nd, 2015|Blog|0 Comments

Technology remains Achilles’ heel for Romanian SMEs

Local SMEs need to catch up with their European peers in the use of technologies that can increase their efficiency, productivity and, in the long run, their profits, say commentators. In fact, various statistics show that they are sorely lacking in some areas. Experts interviewed by BR give their recommendations of what type of […]

October 2nd, 2015|Blog|0 Comments

Expats’ premium property request in Bucharest goes up 7 percent in 2015

The northern part of Bucharest has been an attractive area for expats in 2015, with renting requests going up 7 percent for apartments and 5 percent for villas, according to premium real estate broker Nordis.

Having many of the city’s bilingual kindergartens and schools and also green spaces nearby, the area is a popular residential […]

September 30th, 2015|Blog|0 Comments

SMEs seek funds and innovation

With more than three times fewer SMEs per 1,000 inhabitants than the European Union, Romania is making efforts to encourage the so-called “engine of the economy”.

The 2015 Romanian Entrepreneurship Barometer – Entrepreneurs Talk, conducted by EY Romania, found that small and medium enterprises (SMEs) represent 99.6 percent of the total number of companies active […]

September 29th, 2015|Blog|0 Comments

Fiscal measures need careful considering during election year

Romania’s Fiscal Council warned about the potential for a great hike in the economic deficit due to wage rises in the public sector planned for 2016 during the Reuters East European Investment Summit.

Ionut Dumitru, head of the Fiscal Council said that such a situation would be sanctioned by financial markets and ratings agencies and could […]

September 25th, 2015|Blog|0 Comments

Local agriculture left gasping after drought

Local farmers are still reeling from the drought earlier this year, which has reportedly caused them more than EUR 2 billion of losses. While they may be entitled to compensation, the problems dogging local agriculture do not stop there, say industry representatives.
Laurentiu Baciu, president of the League of Agricultural Producers’ Associations in Romania (LAPAR), […]

September 3rd, 2015|Blog|0 Comments

New demand for office space up by 35 pct in H1

The total leasing activity with office space in Bucharest has remained relatively stable in the first half of 2015 compared to the same period last year totaling some 135,000 sqm, according to data from real estate services firm DTZ Echinox. While the overall volume stayed the same, new demand for office space (meaning relocations from old […]

July 30th, 2015|Blog|0 Comments