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Monday, January 24, 2005
The Romanian Agency for Foreign Investors (ARIS) revised its forecast regarding the volume of Foreign Direct Investments (FDI) for this year from an initial estimate of 2.6 billion euros to 3.1 billion euros.
The investors are attacted by flat tax of 16%.
The agency expects green-field and brown-field investments to pump 875 million euros into the country over the next 2 years.
For 2004, ARIS forecasts the FDI would double from 2003 to 3.7 billion euros.
Posted by Iulia Rasoiu : 1/24/2005 03:19:00 pm
3.1bn euros in FDI for 2005
The investors are attacted by flat tax of 16%.
The agency expects green-field and brown-field investments to pump 875 million euros into the country over the next 2 years.
For 2004, ARIS forecasts the FDI would double from 2003 to 3.7 billion euros.
Posted by Iulia Rasoiu : 1/24/2005 03:19:00 pm
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New Romanian currency as of 1st of July
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