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.

Friday, 12 August 2016

Romania's economy grows 6% sustained by a strong domestic consumption, tax cuts and wage increases

Romania's annual GDP growth accelerated to 6% in Q2 2016 from 4.3% the quarter before. In H1 2016, the country's GDP rose by an annual 5.2%.

Registering a 1.5% GDP growth in Q2 2016 against Q1, Romania has recorded the highest advance among the 28 EU Member States, according to Eurostat.

The Romanian economic growth was sustained by a strong domestic consumption, tax cuts and wage increases.

The Romanian Government of technocrats aims to back the strong economic growth with investments in transport infrastructure and strategic fight against corruption. The National Anti-Corruption Strategy (NACS) 2016-2020 was adopted at the Cabinet meeting on Wednesday, August 10, 2016, following an extensive process of public consultation, conducted between June 17-July 29 A.C.

Are you interested to enter the Romanian market? To collaborate with a local player? To acquire a local company or to expand your operations?

Perhaps we can collaborate.

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.

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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