about us | newsletter | contact | archive | members area
Bogdan Dimitriu, Federal Mogul
"The local industry is more competitive now in terms of both operators and labour force »
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Austria holds over 14 per cent of all foreign investments in Romania

The Austrian investors see Romania as an excellent investment destination and the largest market in the South-Eastern Europe, according to Gerd Bommer, the Austrian Embassy Commercial Counsellor.

2017-05-09 16:36:24

"Currently, our top priorities lie in the development of a healthy business climate and a comprehensive educational system," said Bommer. "For us, Romania represents a resourceful country, dominated by a highly skilled labour force and a nation that knows how to make itself heard."

According to the country's official trade promotion organisation, Austria is a constant investor and one of the most active in Romania, with a direct investment value amounting to nearly nine billion Euro in 2016, which makes a share of over 14 per cent of all the foreign investments in the country.

Up to this moment, there are approximately 1.500 active Austrian investors in Romania and over 7.200 companies with Austrian capital that contribute to the development of the Romanian economy. The companies are market leaders in sectors such as mineral oil, banks, insurances, transport, real estate and lead to the creation of more than 100.000 direct employees in Romania.

Regarding the exports and imports, Romania is a top 15 exports and 19 import markets for Austria. For example, the Austrian exports to Romania account for 2.08 billion Euro and following an ever-increasing trend.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  4451 Views
Daily Info
IULIUS and Visma Software sign deal for 4,200 sqm in UBC 3 building within Openville Timisoara

The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Bus...

Transgaz signs Memorandum of Understanding for the Vertical Corridor

Transgaz hosted the meeting between the representatives of the gas transmission system operators in Greece - DESFA, Bulgaria - BULGARTRANSGAZ, Romania - Transgaz, Hungary - FG...

MOL Group partners with Evonik and thyssenkrupp for the Polyol Project

MOL Group has signed license agreements with Evonik and thyssenkrupp, to produce propylene oxide, a key component for the production of polyether polyols. MOL intends to becom...

C&W Echinox recruits Anamaria Tihu to expand its industrial department

Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu, a specialist with over 10 years' experience in sales. Anamaria Tihu will act as...

OMV Petrom starts work on new polyfuel unit at Petrobrazi

OMV Petrom says has started construction of a new Polyfuel unit at its Petrobrazi Refinery. The company says the new unit will allow conversion of LPG components into gasoline...

 
 
   
advertising

advertising

advertising

advertising

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minist...

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts a...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minist...

Business Lease posts four million Euro turnover in the first semester of 2017

Business Lease, international company providing complete mobility solutions through Operational Leasing, Car Fleet Management and Rental in Romania, closes its first semest...

Chinese delegation seeks investment opportunities in Romania

Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People...

EU bank supports expansion of Regina Maria private healthcare network in Romania

The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is ...