Why Romania

Following to the worldwide industrial changes taking place, more and more investors are analyzing the possibility to relocate or transfer production facilities in countries where they could benefit of lower costs. In this respect Romania became in the last years a veritable hot spot.

Today Romania is a country that offers to the companies the opportunity to settle in a privileged space within the European frame.

Market & Location One of the largest markets in Central & Eastern Europe (19.2 million inhabitants)
Potential for growth
Resources Acknowledged human resources, skilled labor force, with solid knowledge in technology, IT and engineering
Official unemployment rate of 3.00% (June 2020)
Absence of linguistic barriers: English – spoken by a high percentage of people,  German – due to cultural and historical reasons, French, Spanish and Italian – similarity through common Latin origin
Rich natural resources, including fertile agricultural land, oil and gas, important potential for tourism
Politics Stable executive power
Stability factor in the Area: NATO member since 2004 & European Union accession on January 1st, 2007
Economics Attractive and competitive business
Foreign direct investments reached 5.3 billion euros in 2019
In 2019, Romania's economic growth increased by 4.2%, compared to 2018
Romania registered an inflation of 3.8% in 2019
The presence of branch offices and representatives of well-known international banks
Improving
Infrastructure
A highly developed industrial infrastructure, including oil and petrochemicals
A newly developed highway infrastructure - Commitment to improve the highway infrastructure to EU standards
16 international airports (most important: Bucharest, Timisoara, Sibiu, Cluj and Constanta)
Extensive maritime and river navigation facilities
Social Agreement between Government and Major Unions
Labour relations regulated by the Labour Code
Legislative Legislation compatible with Acquis Communitaire – Similar legal provisions as in EU
Healthy fiscal policy regulated by the Fiscal Code
Competitive tax policy: 16% flat tax

 


Vizualizare hartă mărită

Our Customers