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Attracting foreign investment
Romania has a series of advantages to attract French investments:
Romania offers attractive opportunities for investment, acquisition, and business partnerships ranging from joint ventures and licensing agreements to distributorships and franchises.
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On One of the largest markets in the EU (7th place with over 21 mil inhabitants);
largest market in the southeast Europe (amongst EU member states);
Gate to Europe’s market (aprox 500 mil consumers);
Located at the intersection of the EU, Balkans and the region of the Black Sea, Romania is crossed by three important pan-european corridors: corridor 4 which connects West with East Europe (Dresden / Nürnberg - Praga - Viena - Bratislava - Győr - Budapesta - Arad - Bucureşti - Constanţa / Craiova - Sofia - Salonic / Plovdiv - Istanbul); corridor 7, which facilitates navigation within Europe on the Danube river and corridor 9, which connects North to South Europe (Helsinki - Vîborg - Sankt-Petersburg - Pskov - Moscova - Kaliningrad - Kiev - Liubaşevka / Rozdilna (Ucraina) - Chişinău - Bucureşti - Dimitrovgrad - Alexandroupolis)
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Highly qualified workforce at the competitive prices and good knowledge in foreign languages, technology, IT, ingineering, etc., trained in more then 10 major universitarian centers.
Rich natural resources, including ground and underground waters, fertile agricultural fields, oil and gas
Important and diverst touristic potential
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Member state of the EU
Member state in all regional unions of political and economic cooperation
Stability factor in the region – member state of NATO
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Bilateral agreements regarding protection and promotion of investments
Bilateral diplomatic relations with 177 states and with the Vatican, Malta Order and Palestina
Member of UN and other international organizations (OSCE, European Council, International Francofon Organization)
Freetrade agreements with EFTA and CEFTA countries
Member of WTO since january 1995
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Developed air and sea Infrastracture and in proces of modernization (16 airports and 10 river and sea ports)
Road Infrastructure in a continous modernization and expantion proces
GSM Networks covering more then 90% of the country
Powerfully developed iIndustrial infrastructure, including oil and chemical infrastructures
Over 40 Industrial Parks
Presence of International Banks
No taxation for the Reinvested Profit
Acces to State Aids and EU funds
Rising interest from foreign investors – second destination in the region (source: 2010 A.T. Kearney Foreign Direct Investment Confidence Index)
Competitive Fiscal Policies
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Agreements between the Government and representative unions
Work market and working relations legislated by the Work Code
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Similar laws to the ones in EU (European acquis)
Fiscal policies legislated by the Fiscal Code
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France is among the most important foreign investors in Romania.
Almost all the big French groups are present on the Romanian market: Renault, Société Générale, Carrefour, Orange, Lafarge, Danone, Michelin, GDF Suez Energy.
In total, over 3,000 companies with French investment are active in Romania out of which almost half are located in Bucharest.
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The Romanian exports towards France exceeded the level reached in 2011 and reached a new record: EUR 3,23 billion, fact which maintains France on the third client position of Romania.
The Romanian exports towards France are maintained mainly due to car sales. France imported cars produced in Romania valuing EUR 1 billion which represents a third of the total imports of Romania. The increase registered in 2012 (+22,3 percent) explains itself mainly through the new Dacia models launched in the second semester of 2012 (the new Sandero and Logan , Lodgy and the success registered by Duster).
On the other side, the Romanian imports of French products exceed EUR 3 billion due to a huge demand in the industrial sector. France remains the fourth supplier of Romania. The French exports of mechanic, electric, electronic and informatics equipments, increasing with 9,7 percent represents a third of the total exports.
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