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Romanian Investments

... exciting property investment opportunities..

Romania's Revitalised Economic Engine - Accelerating -
120% growth in 2004
FDI from 2000-2005 > Hungary for same period

Bulgaria high investment in Tourism infrastructure is succeeding....
in boosting significant tourism and property investment revenues..

Investment in both Bulgaria & Romania has exceeded critical levels to become independent of EU accession influenced by high investment by Multi-national companies settling on these markets....

 

 

Country Reports & Market Analyses
Regional Maps & Descriptions
Regional and Worldwide Statistics

Regional Factbooks

Bulgaria
Czech Republic
Hungary
Romania

 

FOREIGN DIRECT INVESTMENT COMPARISON 2000-2006

 

 

Foreign Direct Investment Data 2000-2006 - EUR Millions

Country
2000
2001
2002
2003
2004
Total since 2000
2005
2006
Bulgaria
1,086
896
926
1,234
1,500
5,642
2,000
2,000
Hungary
1,785
810
891
2,320
2,500
8,306
2,800
2,500
Romania
1,812
1,312
1,194
1,590
3,500
9,408
3,000
3,000
Czech Republic
4,979
6,114
9,791
2,090
3,650
26,624
5,900
4,900

Source: Creditanstalt / Bank Austria - http://economicresearch-e.ba-ca.com

Romania FDI in 5 year period - 2000-2004 exceeds Hungary by €1.1 billion.

Romania economic engine accelerated hard in 2004 with a 120% jump in Foreign direct investment in 2004.

Major multinational companies that are establishing operations on the Romanian market are detailed in the margins of this page.

Country

Population
Millions
2004
GDP Growth
%
2004
Unemployment
%
2004
FDI - 2004
EUR millions
Bulgaria
7.8
5.6
12.7
1,500
Croatia
4.4
3.7
18.9
850
Poland
38.6
5.5
19.6
3,300
Romania
21.7
8.3
6.8
3,500
Slovakia
5.4
5.2
14.4
540
Czech Republic
10.2
3.6
10.3
3,650
Slovenia
2.0
4.2
6.4
100
Hungary
10.1
3.9
6.0
2,500
Albania
3.2
6.0
14.8
200
Estonia
1.4
6.3
9.8
420
Latvia
2.3
8.7
10.0
445
Lithuania
3.5
6.5
11.5
620
Macedonia
2.0
1.5
35.0
120

The populations of Romania & Poland combine to account for 53.5% of the total population of Central Europe.

GDP Growth in 2004 @ 8.3%is only exceeded by Latvia 8.7%.

Unemployment @ 6.8% is only bettered by Hungary @ 6% & Slovenia @ 6.4%

 
BULGARIA KEY CONVERGENCE INDICATORS 1993 -2001

 

Primary GDP Indicators
1993
1994
1995
1996
1997
1998
1999
2000
2001
GDP (real%ch
-1.5
1.8
2.1
-10.9
-6.9
3.5
2.4
5.0
6.8
GDP (Euro bn)
9.2
8.1
11
7.8
9
10.9
11.3
12.7
13.8
Per capita (Euro bn)
1091
966
1312
939
1086
1324
1371
1544
1682
Per capita GDP (US$m) %ch
N/A
-11.4
35.8
-28.4
15.7
21.9
3.6
12.6
8.9
 
GDP by sector %

1993
1994
1995
1996
1997
1998
1999
2000
2001
Manifacturing
32.7
29.9
31.0
30.6
25.3
25.5
23.4
n/a
n/a
Agriculture
9.9
11.5
12.7
12.4
23.8
18.7
15.1
n/a
n/a
Services
50.8
51.8
51.1
51.5
40.5
44.7
48.8
n/a
n/a
 
Employment by Sector

1993
1994
1995
1996
1997
1998
1999
2000
2001
Agriculture
22.1
23.2
23.9
24.4
25.3
25.7
Manufacturing
30.3
29.1
28.1
27.5
32
30.8
Fixed investment (% of GDP)
9.4
14.4
13.6
11.4
12.8
15.1
17.1
19.6
Fixed investment growth (%)
-14.7
1.1
10.5
-22
-22.1
16.4
20
19
22
Foreign direct investment - FDI (US$m)
102
211
163
256
636
220
755
1000
1000
Share of economy in private hands(%)
40
45
45
50
63
75
75
75

Trade
1993
1994
1995
1996
1997
1998
1999
2000
2001
Trade with EU (% of total)28343737.64146.5525354
Exports to EU(%)28.135.537.639.143.349.7555657
Imports from EU(%)2832.136.535.137.345505152
Current account (% of GDP)-10.4-0.3-0.20.94.3-0.5-5.7-5.4-5.4
Fiscal balances (% of GDP)
Budget balance-14.1-5.5-5.7-11-3.11.1-1.3-1-0.5
Public debt163.7161.7115.7124.6106.886.77168.460.5
Prices
CPI inflation(%)73.195.962.11231,08222.31.86.62
Proportion of prices liberalised(%)585447.98384.2858788

Sources:
Bulgarian National Bank
National Statistics institute

 

BULGARIA - FOREIGN DIRECT INVESTMENT INFLOWS 1990-2000

YEAR

Privatization

Capital market

Greenfield+

Total by years

USDm

1992

34.4

34.4

1993

22.0

80.4

102.4

1994

134.2

76.7

210.9

1995

26.0

136.6

162.6

1996

76.4

180.0

256.4

1997

421.4

29.7

185.1

636.2

1998

155.8

64.2

400.0

620.0

1999

305.7

53.1

447.3

806.1

2000 10 mths

450.0

15.0

340.0

805.0

2000 forecast

480.0

20.0

500.0

1,000.0

Total 1992-2000

1,621.5

167.0

2,040.5

3.829.0

 

 

FOREIGN DIRECT INVESTMENT - BY COUNTRIES - 1992-2000
in millions of USD

Country

1992

1993

1994

1995

1996

1997

1998

1999

2000
10 mths

Total by countries

GERMANY

0.11

56.63

111.43

16.16

53.10

31.44

55.7

101.3

44.40

470.27

BELGIUM

0.00

0.14

0.30

10.02

0.79

264.39

31.22

66.22

39.40

412.48

ITALY

0.01

0.22

5.17

2.27

1.19

0.42

2.06

23.02

338.40

372.76

GREECE

0.16

5.08

2.97

29.79

14.55

16.10

3.33

14.91

226.5

313.39

CYPRUS

0.33

1.19

0.39

1.40

7.51

20.55

109.09

108.91

-19.35

230.02

USA

0.00

10.49

16.15

16.10

20.66

46.61

38.6

49.8

6.7

205.11

UK

6.21

5.55

2.43

13.74

7.26

15.83

58.85

48

19.7

177.57

NETHERLANDS

0.07

0.52

37.94

0.85

46.27

10.80

41.28

27.96

0.26

165.95

AUSTRIA

13.03

1.02

14.66

1.39

12.07

12.46

46.91

23.39

38.7

163.63

RUSSIA

0.31

1.35

2.27

15.05

14.37

2.01

14.84

103.74

0.73

154.67

TURKEY

0.00

9.84

1.26

13.74

7.26

9.87

23.76

39.39

15.2

120.32

SPAIN

0.04

0.06

0.01

0.00

0.00

49.55

56.8

3.21

0.44

110.11

SWITZERLAND

0.38

6.69

0.24

7.87

23.08

31.36

6.58

13.13

4.98

94.31

FRANCE

0.00

0.22

4.19

4.99

6.51

0.82

3.35

62.72

6.88

89.68

KOREA

0.00

0.00

0.26

0.20

22.31

22.90

1.78

2.81

6.58

56.84

BAHAMAS

0.00

0.00

0.00

0.00

0.00

0.00

22.76

10.36

14.45

47.57

LUXEMBURG

0.40

0.58

0.58

0.36

0.23

11.75

22.71

3.81

0.39

40.81

IRELAND

0.00

0.00

0.02

17.40

0.18

5.21

0.97

3.72

0.59

28.09

HUNGARY

12.26

0.05

0.00

0.00

0.07

0.00

0.68

1.68

1.73

16.47

ISRAEL

0.00

0.03

0.93

0.02

1.45

0.01

0.03

13.84

-0.04

16.27

CZECH

0.00

0.00

0.05

2.34

2.28

4.68

0.58

0.09

0.00

10.02

MALTA

0.00

0.00

0.01

0.12

0.09

0.09

8.9

0

0.51

9.72

LIECHTENSTEIN

0.00

1.11

0.13

0.01

0.00

2.53

0.79

1.28

2.98

8.83

SWEDEN

0.00

0.00

0.01

0.03

1.42

2.36

0.94

1.57

0.19

6.52

DENMARK

0.00

0.00

1.07

0.02

0.00

1.12

1.58

0.33

0.89

5.01

JAPAN

0.01

0.00

0.08

0.50

0.60

1.90

1.89

0

0.02

5.00

TOTAL by years

34.42

102.37

210.86

162.63

256.36

636.16

619.96

806.10

805.00

3634.00

 

FOREIGN DIRECT INVESTMENT IN BULGARIA BY SECTORS AND BY YEARS
in millions of USD

Sector

1992

1993

1994

1995

1996

1997

1998

1999

Total by sectors

Industry

0.2

20.8

28.2

94.5

172.5

458.5

310.6

471.2

1556.5

Trade

13.5

70.0

59.9

20.1

32.4

45.7

177.4

124.0

543.0

Finance

0

1.8

18.8

32.3

15.4

64.3

72.2

119.1

324.0

Tourism

0.6

0.8

43.3

10.2

23.3

5.7

18.4

40.5

142.8

Transport

12.8

2.1

55.2

1.2

4.8

3.1

6.2

11.7

73.6

Telecommunications

6.1

4.0

0.0

0

0.9

3.6

23.2

14.1

51.9

Construction

0.2

0.3

4.8

1.1

1.1

6.2

6.3

6.5

26.5

Agriculture

0.0

0.0

0.0

0.1

1.4

4.6

0.1

2.4

8.5

Other

1.2

2.5

0.7

3.1

4.6

44.4

5.5

40.0

102.1

Total

34.4

102.4

210.9

162.6

256.4

636.2

620.0

806.1

2828.9

 

The following are some of the largest foreign investors:

IVAN ZOGRAFSKI - Germany
MINING
NAVAN BULGARIAN MINING - IrelandBRITISH GAZ EXPLORATION AND
PRODUCTION - UK
METALLURGY
UNION MINIERE (Belgium) 
MECHANICAL ENGINEERING
ATUSA - SpainPLANZEE TIZIT - Austria
EUROTECH - USA
CONSORTIUM FRANCE
IRELAND - France MAILER - Germany
MESER GRISHEIM - Germany
KONTRAKO - USA
SANITATION
AMERICAN STANDARD - USA 
ELECTRICAL ENGINEERING
ASEA BROWN BOVERI - Switzerland SIEMENS - Germany
SPARKY TRADING - Germany HYUNDAI - Korea
VIDEOTON HOLDING - Hungary PRAMET BULGARIA - Czech Republic
KOSTRA DEVELOPMENT - Israel FESTO - Austria
SILWAY TECHNOLOGY - France SIGMA DELTA - Belgium
SCHNEIDER ELECTRIC - France
ACHED TECHNOLOGY - USA
CHEMICALS
SOLVAY - Belgium WHITEBEAM HOLDING LTD - USA
LUCOIL PETROL - RussiaIBE TRANS Inc. - USA
FRANCE ARNE - France
PHARMACEUTICAL & CHEMICAL INDUSTRY
DEUTSCHE BANK - Germany NOVA TECHNOLOGY - Ireland
ERLTON FUND - IrelandSWEDISH MATCH - Sweden
BUILDING MATERIALS & GLASS
BARECK OVERSEAS LTD. - Cyprus
GLASINVEST LTD - Cyprus
BRAMACK DACHSYSTEME - AustriaKERAMIK HOLDING - Switzerland
KNAUF - Austria YTONG HOLDING - Germany
GIBU - ItalyHOLDERBANK - Switzerland
CEMENT FRANCAIS - France HEIDELBERGER ZEMENT - Germany
PLEVCEM Ltd. - Cyprus
ENERGY
ACCESS INTERNATIONAL - USACEYLAN INSAAT - Turkey
ENTERGY - USA
PAPER INDUSTRY
ADUT-ADOX SKALICA - Slovak Rep.EUROPAC - Austria
ISIKLAR HOLDING - TurkeyNOREKOM GmbH - Germany
PROFITECH ENTERPRISES - Cyprus
THRACE PAPER MILL - Greece
TEXTILES & FINISHED GARMENTS
A. MUELLER & SOEHNE GmbH - GermanyHAINER & PETER ROESLER - Germany
MARLAND INTERNATIONAL LTD - IrelandMIROGLIO - Italy
SALVADORI - ItalyROLLMANN - Germany
FOOD & BEVERAGES
INTERBREW - Belgium BOYAR INTERNATIONAL - UK
DANONE - FranceDELTA - Greece
CHIPITA INTERNATIONAL - GreeceEASTSTARCH - Netherlands
KLARINA HOLDING - LuxembourgKRAFT FOODS INTERNATIONAL - USA
LUXCRAFT - UKNESTLE - Switzerland
SEABORD OVERSEAS - USASOFTBUL INVESTMENT LTD - Cyprus
HELIAN COMMODITIES - NetherlandsTKM FRUIT AND JUICE - Greece
UNIBUL WINES - UKVINPROM SERVICE KORK - Portugal
ZANKL - Austria
TRANSPORT
FRANZ WELZ - AustriaINTERLICHTER - Hungary
M + M MILITSER INTERNATIONAL - SwitzerlandVAE - Austria
WILLI BETZ - Germany ZEEVI HOLDING - Israel
TELECOMMUNICATIONS
CABLE AND WIRELESS - UKEASTERN MARKET TELECOM
GLOBAL ONE HOLDING - NetherlandsINTRACOM - Greece
FUND LTD - Bahama 
TOURISM & CATERING
AUTO RICAMBI SRL - ItalyCLASMAN ENTERPRISES - Cyprus
DAEWOO CORPORATION - KoreaHILTON INTERNATIONAL - USA
GOODYS - GreeceHUN-EX - Hungary
JOVANDA INTERNATIONAL Ltd. - USALOGICINVEST WATCHES Ltd. - UK
McDONALDS - USAPRINCESS HOLDING GROUP - Turkey
VERIMARK MARKETING Ltd. - Cyprus WORLD TRADE COMPANY - USA
TRADE
SHELL OVERSEAS HOLDINGS - UK METRO - Germany
REGENT PACIFIC GROUP - UK
KLOCKNER & CO AG - Germany
OMV - Austria G. FOGELSTETTER - Austria
ALEXANDER PAVLOVICH LYAH - RussiaKOMKO HOLDING - Switzerland
UKOS FINCONSULT - CyprusSTAMBOULI ENTERPRISES - Cyprus
ROSNEFT - RussiaDTS - USA
ENA - Greece HUGO PFOHE - Germany
INTERINVESTMENTS CORPORATION - USARAO GAZPROM - Russia
FINANCE
ALLIANZ - Germany
BARING BROTHERS LTD - UK
BONARKO LTD - CyprusING-BARINGS - Netherlands
BULGARIAN RUSSIAN
INVESTMENT BANK - Russia
GREEK NATIONAL BANK - Greece
BANQUE NATIONALE DE PARIS - FranceCS FIRST BOSTON LTD - UK
CARESBACK - USA
CARGIL FINANCIAL MARKETS - UK
COMMERCIAL BANK OF GREECE - GreeceDEMIR BANK - Turkey
BULGARIAN AMERICAN ENTERPRISE FUND - USADRESDNER BANK - Germany
IONIAN BANK - GreeceEBRD
MUNICH RE - GermanyLONDON INVESTMENT PARTNERS LTD - UK
PARMAN CAPITAL INVETMENTS - USAPROGRESS FINANCE CORP. - Cyprus
RAIFFEISEN BANK - AustriaSOCIETE GENERALE - France
TETRA INTERNATIONAL - LuxembourgTC ZIRAAT BANK - Turkey
XIOSBANK - GreeceVNESHEKONOMBANK - Russia
AGRICULTURAL BANK OF GREECE ALICO - USA
MEDIA
ZEITUNG - GermanyWESTDEUTSCHE ALLGEMEINE