Foreign investments of 6.6 billion euros in 2007 in Romania

27 Ianuarie 2008

Information in English

 
The value of foreign investments in Romania stood at 6.6 billion euros in the first 11 months of 2007, according to deputy governor of the National Bank of Romania (BNR) Eugen Dijmarescu.
 
In 2006, Romania draw foreign investment worth 9.05 billion euros (including the privatization of the Romanian Commercial Bank), up 74 percent against the previous year. Of this amount, 4.15 billion euros were contributions, 2.67 billion euros – invested net profit and 2.22 billion euros -
net credit received by foreign investors.
 
An increasing number of foreign investors consider Romania a strong and mature consumption market and oriented the business trend towards projects in the field of services, IT&C and technological innovation.
 
Romania continues to have competitive manufacturing costs and a high productivity level, with foreign investors having the opportunity to make high profit by implemented export-oriented activities.
 
Among the advantages offered by Romania to stimulate direct foreign investment are the easy access to former Soviet countries, to Balkans, Middle East and North Africa.
 
Qualified labor force, with solid knowledge of technology, IT and engineering, rich natural resources, bilateral agreements with other states for the mutual protection of investment, sustainable economic growth and the fact that Romania is a stability factor in Southeastern Europe, being a NATO member since 2004 and EU member since January 2007 are also advantages likely to ease the opening of some solid investment lines.
 
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