about us | newsletter | contact | archive | members area
Marius Vacaroiu, Policolor
Tax changes have made us elaborate more budget impact assessments this year»
  Features:      COUNTRY FOCUS   |   SECTOR ANALYSIS   |

US firms analyze state of market

With American giants Ford, Smithfield, Procter&Gamble and Cargill having already set up base in Romania, companies like ExxonMobil and Chevron could follow suit in the next few years. The Diplomat – Bucharest asked top US companies how they are coping with local operations and what their investment plans here are. By Dana Verdes

July 2011 - From the Print Edition

“US direct investment in Romania continues to grow as new investments are announced and existing investments are expanded,” Mark Gitenstein, United States Ambassador to Romania, said recently. According to him, since 2008 American firms have announced USD 1.2 billion in planned future investment in Romania.
“Over 100 American companies here employ over 15,000 Romanians. US companies are involved in a wide range of activities, including IT, food and agriculture, automotive manufacturing, in...

To continue reading this article you have to be registered
The content that you are trying to view is available only for the registered users.
If you want to read this article now, please subscribe for FREE
New user Already registered ?
As a registered user you will have a lot of benefits.
      Forgoten password

There are 0 comments:

Validation Code

0 Comments  |  11977 Views
Daily Info
Romania has the lowest cost for arable land in Europe, says Eurostat

Arable land was the cheapest in Romania out of all member states, with a hectare costing an average 1,958 Euro in 2016, according to Eurostat, the statistics office of the EU....

CFR Calatori appoints Leon Barbulescu as general manager

Leon Barbulescu has been appointed general director of CFR Calatori, replacing Iosif Szentes, according to the sources from the railway field.

Deliveries of retail space to reach 200,000 sqm in 2018 outside Bucharest

Deliveries of retail spaces will reach the level of 200,000 square meters, new projects and extensions being scheduled in ten medium and large cities in the country, while in ...

AFI Europe Romania increased its net operating income by ten per cent to over 51 million Euro during 2017

AFI Europe Romania published its financial results. The Net Operating Income (NOI) from its income producing assets in Romania reached to over 51 million Euro in 2017, represe...

BRD to pay highest dividends in bank's history

BRD Groupe Societe General, the third-biggest lender in Romania, proposes a gross dividend per share of 1.64 RON from last year's net profit, the highest in the bank's history...





More on Features
Romanian business: There is still room for improvement

Romania is still an attractive market for investors within South-eastern Europe, with advantages in terms of labour cost and skilled professionals. But local entrepreneurs ...

1 Comment

Telecom industry: Keeping pace with next-gen tech

The telecom industry is transforming before our very eyes. And in many instances, there are no hard-set rules for the new digital platforms, tools and lifecycles in which t...


Digital Banking: Challenges and opportunities

Digitalization is radically transforming the banking industry, enabling new products, services and business models. This transformation will take time to complete, forcing ...


Logistics industry: Growing demand

The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine months of the year.

Digital transformation of energy management and automation

Interview with Marius Persinaru, Country President Schneider Electric Romania & Republic of Moldavia


Principles Governing Foreign Investments in Romania

The legal regime of foreign investments in Romania is governed by the principle of equal treatment, which means that, subject to the principle of most-favoured-nation treat...

Chinese investments in Romania: Aiming potential

For many years, China has had only several large companies present and active in Romania, mainly in technology, energy, trade, farming and several newly announced ones in a...