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Saturday, February 05, 2005
Since the fall of communism in Romania, Italy has become its top commercial partner, taking 24 percent of Romania's exports and providing 20 percent of its imports, mainly machinery, cars, food and consumer goods.
There are already more than 16,000 Italian companies in Romania, most based in Western cities and in the capital, Bucharest. The region of Timisoara, with some 1,400 Italian businesses, has given western region a reputation as Romania's "little Italy."
Italian companies invested more than EUR 530 million ($689 million) in 2004 in Romania.
Posted by Mihai : 2/05/2005 01:46:00 pm
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