Cristina Bojica, member in the board of the French Chamber of Commerce and Industry, Romania (CCIFER) stated recently that there are over 4,200 companies with majority French capital in Romania, and they generated 125,000 direct workplaces. ‘I will mention what France means in figures. It is the third source of foreign capital in Romania, as you know. There are over 4,200 companies with French majority capital. They became, all of them, important contributors in the economy, and in the Romanian society, and this is not only through the capital they bring which is evident, but by generating almost 125,000 direct workplaces, through the mobilization of numerous SMEs in their production chain, supply chain and so on. But what it is specific to France is that they bring know-how every time they come and bring transfer of technology, similarly, what helped our country in its development’ Cristina Bojica said. She presented which are the domains of attraction for France. ‘The domains aimed by foreign investors in Romania are those which represent the points of attraction of Romania and the points of attraction of Romania will be mentioned shortly from the point of view of the French Chamber of Commerce and thus they will be presented to French investors when they want, to develop their activity here. Firstly I mention the belonging to the European Union. But this belonging in the present context has three very concrete factors. It is a unique source of stability, which reduces the risks of foreign investments, as we know, which is at the basis of supplementary financing sources against the financing which we saw presented by the authorities in this event, the financing is source of the Romanian state, European financing which is 80 billion euros available today in the domain of transport infrastructure, health, education, green trading. These domians are domains of interest for French investments’ Cristina Bojica said. She also stated that the French investors are interested in the IT domain. Other sectors of interest for the French companies in Romania are agro-food and energy.
The Praid Salt Mine, in central Romania, is still closed to tourists due to the flooding that took place following last week’s rains. Salt extraction activities are also halted due to the risk of collapse, while efforts are underway to remove the water accumulations. The management announced last week that the salt mine is temporarily […]
Romania’s Competition Council has approved the acquisition of Karamolegos Bakery Romania by Vel Pitar, a company fully owned by global bakery group Bimbo, the authority announced on May 12. Karamolegos Bakery Romania is involved in the production and sale of packaged bread under brands such as KB Toast, KB Selected, and Mândra. It also supplies […]
The National Bank of Romania (BNR) probably spent/sold EUR 6 billion of its foreign exchange reserves to prop up the local currency (leu) last week after the victory of far-right presidential candidate George Simion in the first round of elections, which led to the collapse of the government, according to an analysis by Austrian bank […]
Romania’s foreign trade deficit (goods) widened by 27% y/y to EUR 8.45 billion in Q1, according to data published by the statistics office INS. Exports rose by 2.7% y/y while imports surged by 8.1% y/y. Romania’s deficit in foreign trade in goods has reached EUR 35.2 billion in the four quarters to March 2025, or […]
Romania’s Treasury has launched new issues of government bonds under the Tezaur and Fidelis schemes, paying yields of 6.75% (1-year) to 7.8% (5-year) for the local currency debt and up to 6.25% (7-year) for euros. After the Treasury raised RON 21.4 billion (EUR 4 billion) under the two schemes year to date, the households’ demand […]
Romania’s Treasury on May 12 placed RON 540 million (EUR 100 million) of Government bonds on the domestic market at an average yield of 8.45% by reopening an issue that matures at the end of July 2026, according to the National Bank (BNR). The yield is 1.5 percentage points up from roughly two weeks earlier, […]
