Analysis Regarding the Growing Presence of Italian Firms in Romania

Stefano Valdemarin

Central European Business Review, 2015, vol. 2015, issue 4, 58-70

Abstract: At the end of 2014, the number of firms with an Italian presence in Romania was 39,556, representing 19.33% out of total registered firms and this number is still growing. This article focuses on answering the following question: what kind of Italian firms are investing in Romania and why? Starting from the empirical observation that the number of Italian firms in Romania grew by 6.82% last year, we have used a PESTEL analysis to find the key points characterizing the country, paying attention also to the concept of country brand. From the point of view of Italian firms, we have also analyzed the shifting paradigm of internationalization from a Vertical Foreign Direct Investment model to a Horizontal Foreign Direct Investment model. This paper can be useful for managers and entrepreneurs who are oriented towards investing in Romania following the path of Italian firms.

Keywords: Italian firms; internationalization; Romania (search for similar items in EconPapers)
JEL-codes: F20 O10 (search for similar items in EconPapers)
Date: 2015
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