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IT, car industry and agriculture sectors show opportunities for investors

The information technology, the car industry and the agriculture sectors show new opportunities for the investors, Minister of Public Finances Gheorghe Pogea said at the Summit Economic Forum 2009.

Pogea mentioned that the information technology sector has reported a constant growth, showed also by the significant presence of the multinationals - HP, Oracle, Cisco, Motorola - in Romania, with the number of specialists being five times higher in Romania compared with Russia.

Pogea also stated Romania was among the few European states with a car industry reporting growth in 2009, from 242,000 units last year up to some 300,000 units.

He also specified that 40 foreign suppliers of spare parts opened production units in Romania, with 175 producers functioning in the related horizontal industry.

In the latest 17 years, investments in this field reached more than 2.5 billion euros, the Minister of Finance said.

He also added that Romania will gradually recover from the economic crisis and that the current government was determined to continue with the reforms, even if some of these reforms were unpopular, for they were meant to reduce the imbalance created in the previous years.

Pogea showed that the massive imbalances have raised the exposure of Romania to the downturn of the global economy and he also added the crisis asked for reforms, being like a clear mirror of the structural imbalances in Romania.

Sursa: http://www.actmedia.eu

Tags: romania industry car

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