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Articles - investments

Local Council greenlights EUR 0.5 bln large-scale urban reconversion project in Cluj-Napoca

The Zonal Urban Plan for the conversion of the former Carbochim industrial platform and the restructuring of the 1 Mai Square area was recently approved by the Cluj-Napoca Local Council. The investment of the IULIUS & Atterbury Europe companies, estimated at over half a billion euros, represents an effort to capitalize on an industrial area and transform it into a pole of urban attractiveness with multiple functions - the largest retail area in Romania (120,000 rentable square meters) , office, culture and new entertainment concepts – , whose anchor will be a large urban garden with access to the Someș river.

39% of companies say they base their growth on launching new products and business lines in 2020

The new edition of the survey "The Business Outlook in 2020" launched today by Valoria and conducted in partnership with Doingbusiness.ro brings a unique perspective of how companies have forecasted their business evolution at the beginning of the year in 2018, 2019 and 2020. To the question 'how do you think it will be the year 2020 for business compared to 2019? ', the total score of responses expressed on a scale from "1-totally unfavorable" to "10-totally favorable", reaches 5.95 in 2020, compared to 3.90 in 2019 and 4.40 in 2018.

Foreign direct investments increased by 2.5% in the first 11 months of 2019

Foreign direct investments increased in the first 11 months of 2019 by about 2.55% compared to the same period last year, to 5.145 billion euros, according to the National Bank of Romania.

Delayed transactions in Romania could reduce this year’s investment volume locally

For the first three quarters of 2019, the CEE region has recorded an investment volume of ca. €9 billion.

Foreign direct investment up by 9.74% in the first 10 months of 2018

Foreign direct investment registered a growth of 9.74% in the first 10 months of this year, compared to the same period in 2017, to 4.561 billion euros, according to data from the National Bank of Romania (BNR).

FIC Business Sentiment Index – September 2018 results

The most recent results of the FIC Business Sentiment Index (carried out in September 2018) brings some important insights on both workforce and fiscal related topics. Still there is a continued dichotomy between FIC members expecting higher revenues and business growth in the short-term but being concerned about the lack of infrastructure and stability of the regulatory framework. FIC maintains its position that, in due time, the lack of predictability and of investments will reduce the economy’s competitiveness and long-term growth potential.

Romania low ranking of foreign direct investment in Europe top

Romania is ranked 13th among the top 15 European countries according to foreign direct investment projects (FDI), being followed only by Serbia and Hungary, according to a study published on Monday by IBM and Ernst & Young (EY).

Net investments in Romania amounted to 77.964 billion lei in Romania

Last year's net investment in the national economy amounted to 77.964 billion lei, up 6.4% year-on-year, according to data released by the National Institute of Statistics (INS).

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