Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Romania, in foreign investors preference top as for business expanding

Romania is in the destinations top, targeted by foreign investors for the expansion of their activity, ranking third in the region after Poland and Russia, reveals the data of a study conducted by consultancy and audit company Ernst&Young (E&Y).

At the level of the entire Europe, Romania ranks fifth in the classification of investment destinations, 10 percent of the main foreign companies polled by E&Y announcing that they are targeting Romania for the expansion of their activity. The main competitors are Poland, preferred by 18 percent of the investors, Germany - 16 percent, Russia - 12 percent and France - 11 percent. As for the investment projects attracted last year, Romania ranks first in the Central and Eastern Europe and sixth in Europe. Foreign investors announced last year 150 projects on the domestic market, 7 percent more than the previous year, accounting for 4 percent of the overall number of investments announced for Europe - 3,712. The foreign companies' projects, implemented last year in Europe, created some 177,000 new jobs and of those in Romania accounted for 7.1 percent, 12 percent less than in 2006. Romania created last year 12,464 jobs. The country's profile remains industrial, under conditions in which 91 percent of the total of jobs were created in this sector. Of them, more than 60 percent represented new jobs in the automotive sector. Ernst&Young analysts also reported that, in the past years, Romania has become a true magnet for foreign investors in the auto field, attracting wide-span projects, such as Ford - which took over Automobile Craiova and also plans to invest more than 675 million dollars in the plant, going to create more than 3,000 jobs - and the one of Renault at Dacia. Foreign direct investments in Romania totalled last year 7.2 billion euros, a decline compared to the level in 2006, of 9.1 billion euros, amount which also included the Romanian Commercial Bank (BCR) privatization, the largest bank in the system. For this year, the authorities estimated a level of seven billion euros. According to Romania's National Bank (BNR) data, foreign direct investments attracted in the first quarter of the year stood at 1.6 billion euros. Sursa: http://www.rompress.ro

Tags: percent foreign romania europe investors bnr bcr

Articole similare