Greece: 9th Largest Investor in Romania in 2007

Greece is the 9th largest investor in Romania with over 4,000 firms active on the local market and an invested capital that exceeds 580 million euros, according to figures released by the country's BNR central bank for the period of the first 10 months in 2007. During last year, approximately 400 Greek companies launched businesses in the country.

In the first ten months of 2006, Greece ranked 10th with 3,608 firms and an invested capital of 552 million euros.

The list of foreign investors in Romania is topped by Holland with 3,049 companies and over 3 billion euros in invested capital, followed by Austria (4,781 firms - 2.2 billion euros), France (5,279 firms - 1.7 billion euros), Germany, Italy, USA, Cyprus and Britain.

According to BNR, the inflow of Direct Foreign Investments in the first nine months of 2007 reached 6.5 billion euros, down 20.8 percent compared to 9 billion euros in the same period in 2006.

(Posting date 28 November 2008)

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