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.

Monday, 8 February 2016

Doing business in Romania - risk or opportunity?

Romania is the 2nd largest market in Central Eastern Europe (CEE) after Poland. It is one of the most dynamic economies in Europe with direct access to the Black Sea (Constanta Port).

For foreign investors, Romania is an attractive target. According to official provisional and revised data from National Bank of Romania, the foreign direct investment in Romania went up by approximately 18% in the first 11 months of 2015 compared to the similar period of 2014, reaching 2,883 billion EUR.

GDP in Romania has registered an increase of 3.7% y-t-y in the first nine months of 2015.
According to EC, the forecasted y-o-y GDP growth in Romania is 3.6% in 2015 and 4.2% in 2016.

CIF imports in Romania have increased by 7.1% in the first ten months of 2015 compared to the similar period of 2014

Retail turnover volume in Romania (excepting trade with auto vehicles and motorcycles) registered an increase of 8.9% as gross series in 2015 compared to 2014

Retail sales of food, beverages and tobacco in Romania have increased by 19.1% in 2015 compared to 2014.

Volume of construction works has registered an increase of 9.7% as gross series in the first ten months of 2015 compared to the first ten months of 2014.

Main manufacturing industries in Romania are automotive, oil equipment, foods & beverages, chemicals, metal forming, plastic, garments, furniture. 

Romania is a regional hub for ITC, BPO and software.

Romanian economy performances are expected to continue to improve this year, due to tax cuts and salary increases, further EU funding spending and road transport infrastructure development 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 quoted by 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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