AMRO: Top 50 American companies in Romania earn more than USD 12.5 bln in revenue

Ovidiu Posirca 09/06/2017 | 11:14

Eric Stewart, the president of the American-Romanian Business Council (AMRO), says that the US business community sees significant growth potential in the Romanian market.

“And Romania is gearing up for significant updates to its strategic capabilities, particularly in defense, energy, and cyber security,” said Steward in a statement in which the AMRO praises US president Donald Trump for meeting with Romanian president Klaus Iohannis. He added that Iohannis is the first EU leader to meet with Trump at the White House.

According to AMRO, the top 50 American companies in Romania earn more than USD 12.5 billion in revenue in the country each year, also supporting jobs in the US.

The association went on to say that the major military acquisition program that Romania is now considering can create business opportunities for American technology.

Country-FocusInterested in American investments in Romania? Join the strongest foreign business communities to assess the implication of the new economic outlook at the Country Focus Community Forum – Be Connected. Be Stronger. – June 13-14, Bucharest

Romania will spend 2 percent of its GDP on defense this year, in line with NATO requirements.

Large American firms are among the board members of AMRO including Lockheed Martin, ExxonMobil and Boeing.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Ovidiu Posirca | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue