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Friday, May 13, 2005

Investing in Eastern Europe - Romania.

A recently published article, signed by Sam Vaknin, analyses the Eastern Europe environment for investment. The article looks both at the past and also to the future.

You can find some remarks about Romania, specially in comparison to the other countries in the region. Here are some excerpts:

"Southeastern Europe (the politically correct name for the Balkans), excluding Greece and Turkey, attracted rather less - c. $12 billion in realized FDI in 2000-2. Croatia topped the list with $3.8 billion, followed by Romania ($3.3 billion), Bulgaria ($2.3 billion), Macedonia ($1.1 billion), Yugoslavia ($0.7 billion) and Albania and Bosnia-Herzegovina ($0.5 billion each)."

"In some countries - like Romania - 40 percent of all sales are generated by foreign-owned subsidiaries."

"Romania has extraordinarily low costs to offer investors."

Also, another article (Romanian version only) states that the Foreign investment for the first 2 months of 2005 are up to 200 milion EUR.

Posted by Mihai : 5/13/2005 12:33:00 pm