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Articles - investments

FDI to Romania gains 13.9 percent to EUR 1 bln on five months

The level of foreign direct investments (FDI) to Romania has risen in the first five months of the year by 13.9 percent to EUR 1 billion against the same period of last year, according to the National Bank of Romania (NBR).

CON-A is the general contractor also for second phase of Liberty Technology Park

Romanian construction company CON-A will be the general contractor also for the second phase of the project Liberty Technology Park in Cluj.

Romania, riskier to invest in than Bulgaria, Hungary and Malaysia

Romania is a riskier destination for business than countries such as Bulgaria, Hungary, China, Chile and Malaysia according to Bloomberg’s ranking of emergent economies. Romania comes in 26 out of 43 in the top, behind riskier countries like Thailand (24) and Peru (25).

A group with 10,000 employees from Bulgaria are looking for a land for the construction of a BMW centre in Bucharest

TIM Group, controlled by the Bulgarian businessman Ivo Kamenov and Marin Mitev, including over 50 companies from several ranges of activity and over 10,000 employees has in plan the construction of a new BMW centre in Bucharest, according to sources in the auto mrket.

Buzoianu family to sell Retrasib to invest in Cluj Business Center

Businessmen Octavian and Călin Buzoianu, who control over 80 pct. of the Retrasib Sibiu (RTRA)shares, mostly through the companies Institut Proiect and Trafo Proiect, intend to sell their shares in the engine, generators and electric transformers manufacturer to the German company SGB-Smit International, in order to focus on other projects ongoing.

Romania has the chance to become an emerging market over the next 12-18 months

The representatives of the industry of funds administration, segment of the economy which last year recorded the fastest increase since the beginning of the economic crisis, considered that Romania has big chances to go from the statute of border market to that of emerging market in the next 12- 18 months.

Romania and Bulgaria, the only EU countries where FDI increased last year

Foreign direct investments (FDI) in 23 nations of Central, Eastern, and Southeastern Europe fell sharply in 2013 and even fell “alarmingly” in Slovakia and Poland, the Vienna Institute for International Economic Studies (WIIW) said in its latest FDI analysis, quoted by globalpost.com.

Two million dollars investment in Ploieşti West Park

An American investment of two million dollars belonging to the company PAS Techologies was inaugurated on Tuesday in the private industrial park Ploieşti West Park, situated on the territory of the village Ariceştii Rahtivani, involving a new production line for the oil industry.

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