Property in Romania

Romania could attract 7.5bn-euro foreign investments

Romania could attract foreign direct investment worth 7.5 billion euros this year thanks to greenfield projects and big privatisation projects, reads a study of the European banking group Unicredit.
The estimated level of foreign investment to be attracted this year by Romania was revised upwards by a billion euros from Unicredit estimates made in May.
Greenfield investments as well as hefty privatisation revenue could take foreign investments to a record level of 7.5 billion euros this year, against 5.2 billion euros in 2005 and 2004.

Date posted: July 3, 2006