UniCredit Tiriac Bank: Foreign direct investments to Romania to reach EUR 5 bln this year

UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank’s chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment. “Although there are positive things in the first month of the year, both locally and internationally, the gap could impact the investors’ perspective,”said Pal.

The public sector has sent some positive messages at the end of 2010 and the beginning of 2011 on some structural reforms, like the 2011 state budget law, the unitary salary law and the pensions law. “All these reflect some sort of improvement and a continuation of reforms in 2011,” said Pal. UniCredit believes the Romanian economy dropped by 2.5 percent last year and expects an economic increase of 1.7 percent for 2011.

Foreign direct investments in the first 11 months of last year stood at EUR 2.27 billion in Romania, according to data reported by the Romanian Central Bank (BNR). FDI to Romania reached EUR 4.89 billion in 2009, down almost 50 percent on 2008.


February 4, 2011, 9:41 am

Latest!

Latest properties!

  • 2 bedroom apartment / apartament 3 camere for rent

    Brasov » Strada Castelului for rent

    Off Road Parking / Parcare in stradăFitted Kitchen / Bucătărie echipatăClose to Amenities / In preajma facilitatilorNear School / In apropierea scoliiDouble Glazing / Geamuri termopaneGas Central Heating / Centrală termică pe gazBasement / BeciInternet, Cable TVOld Town Property

    Price: € 300

  • 1 bedroom apartment / apartament 2 camere for rent

    Brasov » Strada De Mijloc for rent

    New ConstructionInternet, Cable TVGas Central Heating / Centrală termică pe gazDouble Glazing / Geamuri termopaneNear School / In apropierea scoliiClose to Amenities / In preajma facilitatilorFitted Kitchen / Bucătărie echipatăFurnished / MobilatOff Road Parking / Parcare in stradă

    Price: € 285

  • 1 bedroom apartment / apartament 2 camere for rent

    Brasov » Molidului for rent

    New ConstructionInternet, Cable TVGas Central Heating / Centrală termică pe gazNear School / In apropierea scoliiClose to Amenities / In preajma facilitatilorFitted Kitchen / Bucătărie echipatăFurnished / MobilatGarage / Garaj

    Price: € 320

  • 1 bedroom apartment / apartament 2 camere for rent

    Brasov » Bulevardul Saturn for rent

    Gas Central Heating / Centrală termică pe gazDouble Glazing / Geamuri termopaneNear School / In apropierea scoliiClose to Amenities / In preajma facilitatilorFitted Kitchen / Bucătărie echipatăFurnished / MobilatOff Road Parking / Parcare in stradă

    Price: € 250

  • Land / Teren for sale

    Ghimbav » for sale

    Price: € 1,000,000

  • Land / Teren for sale

    Cristian » for sale

    Price: € 270,000

  • Land / Teren for sale

    Bran Region / Regiunea Bran » Moieciul de Jos for sale

    Close to Amenities / In preajma facilitatilor

    Price: € 145,000