Investing in Romania
A UNIQUE GROWTH IN EUROPE!
During the past year we have assisted at an extraordinary phenomenon of economic increase of 6-7% of the Gross Internal Product. Today, despite the global economic crises a +2,5% increase of the Gross Internal Product is expected, compared to -2% in the rest of Europe.
The real estate market still is an important reference point as an economic and financial multiplication factor.
Prices of different real estate segments will stabilize at a very attractive value. Apartments in new blocks have a price of about Euro 1100\mp, the income from renting these apartments is about 6-7% per year. The agricultural lands, the building lands and the lands destined to tourism and industrial development are considered another opportunity for investments.
The European Union has granted Romania 30 billion Euros as non-reimbursable funds, available until 2012. This means an enormous economic increase and shall push Romania towards collaboration with European partners.
- In the near future, Romania’s great natural heritage will be the key element to be taken into consideration with view to a successful tourism development.
- The agricultural sector, not fully exploited yet , will keep on attracting investors from all over Europe, and due to the European Union’s funds, it will become an important, convincing element to take into consideration in regard to this nation’s future.
- As a final conclusion, it is worth mentioning the low cots of labour, a standard taxation rate of 16% and of 2% for small enterprises, all these turning Romania into an attractive business partner for investors from all over Europe.