CIBR Blog

When considering Romania as a possible location for developing their businesses, the foreign investors might benefit from the advantages offered by Romania:

Market & Location Advantage

• One of the largest markets in Central and Eastern Europe (over 21 million inhabitants)                    
• Attractive location: allowing an easy access to the countries of the former CIS countries, Balkans, the Middle East and Northern Africa
• Attractive location: at the junction of three prospective European transportation corridors nor. 4, 7 & 9

Resource Advantage

• Skilled labor force, with solid knowledge in technology, IT and engineering
• Rich natural resources, including fertile agricultural land, oil and gas
• An important potential for tourism

Political Advantage

• Stable executive power
• Stability factor in the Area -NATO member
• Stability Guarantee in South Eastern Europe
• EU membership since January 2007

IR Advantage

• Bilateral agreements between Romania and other  countries  for investments  promotion and protection
• Bilateral diplomatic relations with 177 out of 191 UN member states, plus the Holy See, the Sovereign Military Order of Malta and the Palestinian National Authority
• Member of the UN and other international organizations, like: OSCE, Council of Europe and International Organization of La Francophonie
• Free trade agreements with EU, EFTA countries, CEFTA countries
• WTO member since January 1995

Economical Advantage

• Sustainable economic growth
• Functional Market Economy status
• Decreasing inflation
• Permanent financial assistance for SME's Development
• Increasing interest of Foreign Investors

Improving Infrastructure Advantage

• Well-developed networks of mobile telecommunications in GSM systems
• A highly developed industrial infrastructure, including oil and petrochemicals
• The presence of branch offices and representatives of various well-known international banks
• A newly developed highway infrastructure
• Commitment to improve the highway infrastructure to EU standards
• Extensive maritime and river navigation facilities

Social Advantage

• Agreement between Government and Major Unions
• No major Union Movements
• Permanent dialogue with the employees associations
• Labor relations regulated by the Labor Code

Legislative Advantage

• Legislation compatible with Acquis Communautaire
• Similar legal provisions as in UE
• Healthy fiscal policy regulated by the Fiscal Code
• Competitive tax policy: 16% flat tax

 
Dipl. ir. Freddy M.E. Jacobs, president
Camera Imobiliar Belgia România
cibr@telenet.be

0032478/331.799       
0040766/622873       
WWW.CIBR.BE