Foreign direct investment in Romania

In October 2005 new investment stimuli introduced – more favorable conditions to IT and research centers, especially to be located in the east part of the country (where is more unemployment), to bring more added value and not to be logistically demanding.

[2] General Motors could shortly begin investments in order to develop a production centre in Romania, with Cluj-Napoca as a potential location for the future plant, close to the Nokia Village.

[6] Sectors of direct foreign investment - industry 38.4%; banking and insurance 22.2%; wholesale and retail trade 13.1%; production of electricity, gas and water 10.5%; transportation and telecommunications 9.2%.

Initial meetings may involve gaining information about the Romanian economy as a whole, making contacts with appropriate agencies, and discussing Romania policies and basic investment procedures.

This comprehensive guide provides the economic development point of contact within each state who has been designated by each Governor to field international investment inquiries.