BUSINESS

Significant discrepancies on foreign investments map

According to a recent ‘Ziarul Financiar’ analysis, most foreign companies set up in Romania after 1990 are located in Bucharest and Ilfov County. Approximately 93,000 foreign capital companies, representing approximately 49 per cent of their total number, have their headquarters in this region. Western and central regions are the second pole of foreign investments. The number of foreign companies surpasses 5,000 at the border with Hungary (Arad, Bihor and Timis counties), in Constanta (Romania’s gateway to the Black Sea), in Cluj and Brasov counties. Of Romania’s 41 counties, 14 counties are almost ignored by foreign investors since the number of foreign companies based there falls below 1,000. In Gorj and Vaslui counties only 7 per cent of the total number of companies are foreign, this being the lowest level in the local economy.
Ordered by the total number of businesses in each county, Bucharest is followed by Arad and Timis. In the latter two counties the foreign companies’ share in the total number of companies is 42 and 48 per cent respectively.

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