Business Opportunities in Romania: Market Overview
Romania has enjoyed considerable growth over the past few years and investors, both at home and abroad, are discovering that we are one of Europe’s most attractive places to do business. From our thriving and global IT sector to the boom in real estate, the opportunities are myriad for those looking for the best business returns.
The risk of writing an annual update on the economic conditions in Romania, or for that matter in any jurisdiction, is that conditions often vary very little from year-to-year. However, this is not necessarily a bad thing and is certainly the case in Romania, where conditions have continued on track from very good to even better.
In 2018, Romania’s GDP was forecast to increase by 3.7%. This means that, in the sectors discussed below, Romania remains an attractive investment jurisdiction because of it’s growing domestic market, as well as its ability to provide goods and services that are competitive in the global economy.
Of course, as a law firm primarily serving businesses and investors in Romania, we are very excited by these prospects and, while we are all too experienced to buy into any claim of a “sure thing” or a “can’t miss” investment, with prudent investment strategies and sound local guidance and knowledge (that’s where we can help), investors can act with a level of confidence which allows them to sleep soundly at night.
We believe that both Romania, and our firm in particular, have a lot to offer those who want to share, and invest, in our businesses. Please do not hesitate to contact us for further information or about any questions you may have in relation to investing and operating in Romania.
We are here to help, and we look forward to hearing from you.
Head of Corporate and M&A