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Tuesday, September 06, 2005

Investments in Romania going up

Romania's direct foreign investment has increased by 15 percent in the first half of this year to euro 1.48 billion (USD 1.85 billion), Prime Minister Calin Popescu Tariceanu said Tuesday.

Tariceanu, who was launching Romania's new export strategy, urged authorities to do more to assist investors and local businesses to help the country be more competitive on foreign markets.

Outlining the new strategy for exports, Tariceanu said that Romanian companies should try to reorient their exports in the European Union toward more sophisticated products. He also urged Romanian businessmen to expand their operations in the southeast European region and former Soviet states.

Posted by Mihai : 9/06/2005 07:53:00 pm