Analiza mediului de afaceri - arott.ro

Sustainable Development strategy of business environment from Dolj, Olt, Pleven, Vidin and Montana region 221In Olt County the number of companies with foreign participation was 575, and the value of capital was302,808 (namely 1.2 of the total at Romania level).In the South West Oltenia region were 4441 registered companies with foreign capital, with a subscribedcapital totaling EUR 932 492, values ​that put the region on the last place to the other seven <strong>de</strong>velopment regionsof Romania.Types of foreign direct investments (differenciated by contribution of foreign equity capital flows in directinvestment enterprises):1. Greenfield: creation of enterprises by or with foreign investors (investment started from scratch);2. Mergers and acquisitions: acquisition of all or part of enterprises by foreign investors from resi<strong>de</strong>nts:3. Corporate <strong>de</strong>velopment: increase in the capital of foreign investors in direct investment enterprises.Foreign investments in Bulgaria <strong>de</strong>creased very much since 2007 due to global economic crisis.Source: National Bank of BulgariaThe main countries from which foreign investment in Bulgaria in 2010 are the Netherlands, Luxembourg,Russia, France. The total amount invested in Romania amounts to 7,6 million Euros.Analysis of Business EnvironmentOne of the main challenges for the national business environment is overcoming the economic crisis period.We passed through the economic downturn until this year was caused by a severe global financial crisis,leading to a more difficult recovery. Synchronization crisis in several European countries has been and is still aggravatedand leads to a slower recovery of the economies. As in many countries in business confi<strong>de</strong>nce dropped,it takes a long time to return to the previous level of 2009.Romania’s economy and thus the analyzed region is <strong>de</strong>pen<strong>de</strong>nt on foreign markets, foreign capital flows.Crossed period of crisis and the slow recovery of the economy makes business and continue to conduct carefulto maintain the trend of minimizing the risks.While this year GDP at national level had a mo<strong>de</strong>st increase of 1.5% (the lowest economic growth amongEuropean countries in south-east), is estimates an increase over 3.5% over 2012.Perception of foreign investors on business environmentAccording to analysis conducted for the elaboration of government strategy of business <strong>de</strong>velopment2010-2014 “The current regime of foreign investment in Romania was <strong>de</strong>signed to attract foreign investors.The fundamental principles on the subject, adopted at Community level, are translated into Romanian legislation,namely: freedom of forms and methods of investment, free market access in all areas of economic activity,equal treatment applied to Romanian and foreign investors, resi<strong>de</strong>nts or nonresi<strong>de</strong>nts, foreign investorsthe right to repatriate benefits <strong>de</strong>rived from investments, after payment of taxes and legal fees, investmentprotection, with guarantees against nationalization, expropriation or other measures with equivalent effect.”Romania is, in terms of domestic market size the second market in Central Europe after Poland. Competitiveadvantages are mentioned as the high <strong>de</strong>gree of training of the workforce, and proximity to WesternEuropean countries, which is the primary source of investment.