Romania’s Strategy of Attraction of Foreign Investments

Gheorghe Pîrvu, Ramona Gruescu and Roxana Nanu
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Gheorghe Pîrvu: University of Craiova, Romania
Ramona Gruescu: University of Craiova, Romania
Roxana Nanu: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2008, vol. 8, issue 2, 87-94

Abstract: For Romania, who has limited resources of capital on internal plan, foreign investments represent more than a necessity, foreign capital, besides the contribution to supplementation of financial resources of the country, having support role for inevitable structural adjustments of Romanian economy. Analyzing strategies of attraction of foreign investments to Romania, the article underlines the essence of investments processes and surprises the interdependence which must exists between macroeconomic and structural politics and politics in the field of investments, fact which derives in the amplitude of consequences at level of the regions of the country and the entire national economy. In the context offered by the statute of member if the European Union, Romania must think again the entire politics of attraction of direct foreign investments, in conformity with regulations of communitarian acquis and engagements assumed in the field of concurrency and state aids. The article identifies the techniques and promotion strategies that Romania might use to become an investment destination, more attractive for multinational enterprises

Keywords: investments attraction; promotion strategy; business environment; concurrency (search for similar items in EconPapers)
Date: 2008
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