BusinessSaturday 14 April 2018

Where to invest in 2018 in Romania?

The economic forecast for 2018 seems to be favorable to Romania, the country’s government anticipating an economic growth of 5.5% this year.

Where to invest in 2018 in Romania?

Where to invest in 2018 in Romania?

Romania is a country that has seen many investments in recent years, a large part of these investments coming from abroad. The premises seem to remain favorable to investors in 2018, of course, if the government's predictions are true. However, even if the scenario is grimmer and the country's economic growth will not rise to the anticipated levels, this should not matter if investments are made in the right place. For example, the IT sector seems to be a sure bet, Romania proving to be an inexhaustible source of talent in this respect. Moreover, the successful start-ups in the field that are developed in Romania have proved that this country offers not only good specialists but also very good managers and entrepreneurs.

Meanwhile, if we are to focus on the government’s forecast, the anticipated economic growth is largely based on consumption, so investment in products and/or services should prove to be successful. Innovative ideas or even the import of external concepts in terms of gastronomy or entertainment can be viable solutions, while tourism also seems to be a sector worth betting on as far as services are concerned. Eco-tourism or rural tourism, as well as city breaks in the big Romanian cities seem to be the most appealing for tourists. Also related to services, an investment in real estate, more precisely in office spaces, is the kind of business that should prove profitable in 2018 Romania, continuing the trend of 2017.

Finally, technical fields should not be discarded, especially in the automotive area where the European giants already present in the country often need locally produced raw materials. Retailing also makes the list, especially the online segment, an increasingly popular segment among Romanians. In all honesty, any sector or niche has economic potential if the investment is sound and is accompanied by a coherent market study. The truth is that Romania still has a lot to offer to both beneficiaries and investors.      

Sources: revistapresei.hotnews.ro/stiri-revista_presei_business-22207808-business-report-sanse-are-economia-creasca-2018-5-5-cum-estimeaza-guvernul-trei-loturi-autostrada-inaugureaza-anul-acesta-ianuarie-anunta-luna-friguroasa-pentru-obligatiuni.htm https://pixabay.com/en/  (photos)

Claudiu Bolcu

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