BUSINESS

EESC’s Malosse: Threatening with relocating Renault’s production in Romania exaggerated

European Economic and Social Committee (EESC) President Henri Malosse said the threat of relocating Renaults’ car production from Romania is exaggerated. In  a press conference at the end of his visit to Romania, he pointed out the infrastructure nevertheless needs a faster improvement.

“The Government reassured the Renault Group that the [Pitesti-Sibiu] motorway will be ready in 2020, although the initial term was 2018. I’m not the representative of Renault here, but their investment in Romania is strategic, on long term. I don’t think the fact that the term will be delayed by three or six months after the deadline would change anything. (…) Threatening with the relocation seems exaggerated, but this does not mean the necessary infrastructure in every country should not be accelerated,” Malosse mentioned.

Renault’s facilities in Romania are fourth in the group’s worldwide assets, so the risk of relocation is rather rhetoric, the EESC official estimated.

According to him, there is no reason to slow such investments, especially as European funds are available to the Romanian authorities for infrastructure overhauling, despite the persisting legal issues, especially the contestation procedures.

 

Administrative hindrances, corruption risks put a break on investments in Romania

 

Premier Victor Ponta asked that Romania be handled as a priority in drawing investments under the Juncker plan, but the country is riddled with administrative barriers and corruption risks, which hinder the implementation of investments, president of the European Economic and Social Committee (EESC) Henri Malosse on Friday told a press conference held at the end of his visit to Romania.

I discussed the Juncker investment plan with the Romanian Premier. At this point, the Premier insisted that a country like Romania, which needs to bridge gaps and speed up European integration, be given priority, expressing concern that these investments will again be directed to the most developed countries such as France, Germany, Italy, while Romania could be once again overlooked. But here we are in a situation of the snake that bites its own tail. There are too many administrative barriers, too many corruption risks, and therefore investments cannot be carried out, said the EESC representative quoted by Agerpres.

Malosse has paid an official visit to Romania since April 15; his agenda included meetings with the Prime Minister, the President, representatives of the civil society such as employers’ associations, labour unions and student associations, NGOs, media and bloggers. The main topics discussed were the economic growth, the competitiveness – especially in energy, industry and infrastructure, the employment, and the functioning of Romania’s Economic and Social Council.

 

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