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FDI in Romania up by 22% in first 11 months of 2016

posted onMarch 17, 2017

Foreign direct investments in Romania totalled 3.9 billion euro in the first eleven months of 2016, up 22% compared to those registered in the same period of 2015, according to data released by the National Bank of Romania (BNR).

In 2015, foreign companies made direct investment in Romania worth EUR 3.46 billion euro. It was a record level after 2009, when foreign direct investment in Romania totalled 3.49 billion euro. The maximum historic level was recorded in 2008, when foreign direct investments reached 9.5 billion euro.

In 2015, foreign capital firms in Romania registered a total turnover 55 billion euro, according to a study by Creditinfo, credit bureau and information services group with operations in more than 25 countries.

On top of the list are the Dutch firms, which generated a turnover of approximately 35 billion euro, followed by German firms (almost 20 billion euro), Austrian (almost 13 billion euro) and French (12.6 billion euro).

The report also shows that auto industry, wholesale tobacco trade and the fuel production through pipes are the most profitable domains of activity for foreign capital firms in Romania.

Another study by Creditinfo presented on 26/11/2016 shows that only 4% of the companies in the market make 92% of the profit in Romania.

The study shows that one out of five profitable companies in Romania is in Bucharest (14.164 firms - 20,24%) in the capital being recorded most companies in Romania (266.635 firms)followed by Cluj county(4.019 firms - 5,74%), Timis (3.307 firms - 4,73%), Brasov (2.675 firms- 3,82%) and Constanta (2.576 firms - 3,68%).

In total, Romania saw over 204,000 companies with a foreign capital registered between 1991 and 2015, with a capital of over 42.8 billion euro. Over 42,000 of them had Italian capital. However, the biggest source of foreign capital to Romania was the Netherlands. Companies registered in the Netherlands have invested some 8.4 billion euro in 4,600 Romanian firms, according to data from the Romanian Trade Registry’s Office – ONRC.

However, it is worth noting that in the past five years, more than 100,000 companies, especially with Romanian capital, were shut down, 450,000 people becoming unemployed. Of these, about 380,000 (according National Institute of Statistics – INS) were forced to go abroad.

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