The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Thursday, 4 February 2016

Corruption in Romania - anticorruption fight acknowledged



Is doing business or investing in Romania concerning to you because you consider this country too corrupt?

Romania’s anticorruption fight has recently been acknowledged by the European Commission’s Cooperation and Verification Mechanism (CVM)

Romania has been one of the best-performing economies in the European Union in 2015, with a GDP growth rate for the whole year estimated at close to 4%, and its performances may continue to improve this year, due to tax cuts and salary increases, which may further boost domestic consumption and may bring new investors to the country.

“Over the last year, Romania and Romanians have shown their willingness to fight corruption and to protect the independence of the judiciary. The mass demonstrations against corruption have shown how these issues matter to Romanian citizens,” said the European Commission’s First Vice-President Frans Timmermans.

In 2015, Romania ranks 11 levels better in corruption index. With a score of 46 points, Romania ranks 58th out of 168 countries included in Transparency International’s Corruption Perceptions Index 2015. In 2014, Romania ranked 69th out of 175 countries surveyed, with a score of 43 points (the same as in 2013).

Romania scores better than Italy (61st), Turkey (66th), Bulgaria (69th), and Serbia (71st). 

Romania has made significant progress in the past two years in fighting top-level corruption, which has been acknowledged in the European Commission’s recent CVM report and the Council of Europe’s GRECO report, but continues to be perceived as one of the most corrupt countries in the European Union.

Source: www.romania-insider.com

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is our latest TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:
http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

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