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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 […]

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 […]

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 […]

August 31st, 2016|Uncategorized|0 Comments

First Car program needs improvements in order to boost new car sales, say industry representatives

Romania’s First Car program does little to boost new car sales as it offers potential buyers the same terms as regular loans, said Constantin Stroe, the president of the Romanian Car Producers’  Association – ACAROM during the second day of the Foreign Investors’ Forum organized by Business Review.
“Romania is importing three used cars for every […]

October 27th, 2015|Blog, Uncategorized|0 Comments

Romanian companies are too dependent on state aid, argue participants at the Foreign Investors Forum

“Financing percentages have remained very high, even in the second round of state aid schemes. Except for Bucharest, with 15 percent, and the cities in the Western part of Romania, with 35 percent, the rest of the country can benefit from 50 percent financing percentages. This is a great accomplishment for Romania, compared to […]

October 27th, 2015|Blog, Uncategorized|0 Comments

Drone traffic should be regulated, say participants at the Foreign Investors Summit

“Fitting legal measures must be put into place concerning the drones. This area should be regulated, just like all the others, because after all, this will pose traffic issues. It is clear as day that an air traffic code must appear,” according to Varujan Pambuccian, member of the Commission for IT&C in the Chamber of […]

October 27th, 2015|Blog, Uncategorized|0 Comments