April 14, 2010, InterContinental Hotel, Fortuna Ballroom, 21st floor
With over 4,000 Greek companies in Romania and a combined investment of EUR 3 billion, the Greek community in Romania has grown and strengthened over time, permanently looking for new opportunities and projects. Greek businesspeople are among the most long-standing foreign direct investors in Romania. Many of them started operations on the local market as long as 15 years ago, a period in which most of them adapted to the colorful local economic climate. The Romanian market has seen considerable expansion in the past years, making it a favorable one among Eastern European countries.
Greek investors cite the continuous changes in legislation and fiscal policies, lack of predictability for future business developments and the lack of a good infrastructure as Romania’s weak points.
In an agitated economic climate and an unstable fiscal environment, Greek investors keep investing in the telecommunication, food, health and banking sectors. However, both the global economic crisis and the debt crisis in Greece leave investments on a downturn.
What can Romania do to maintain the investors’ interest during an economic downturn? How can companies survive the crisis, what are the strategies to overcome these business challenges? How will Greek companies in Romania be affected by Greece’s economic difficulties?
The Greek Business Forum offers the opportunity for the Greek business community to meet and create new synergies, come with ideas of new projects and improve communication between the Greek business community and local entrepreneurs.