#countryfocus | Top 5 reasons to attend BR’s Country Focus Community Forum

Ovidiu Posirca 07/06/2017 | 12:58

With less than one week to go until the Country Focus Community Forum, here are some of the main reasons why you should attend the exclusive 2-day event that is organized by Business Review magazine in Bucharest on June 13-14.

Putting Romania’s successful economic story in the challenging international context

Romania has championed economic growth in the European Union, expanding by 5.7 percent in the first quarter, making it one of fastest growing countries in the region. With Romania’s ambition to join the Euro zone and further integrate itself in the Union, we look at the ways in which the county could become even more attractive for investors in the years to come.

Brexit and the talks about a multi-speed Europe are some of the challenges for Romania’s business environment in the years to come, but we will explore the way in which the private sector and public authorities can further integrate their cooperation to secure the country’s growth story going forward.

Finding fresh insights from business leaders

Romanian and expat representatives of multinational groups, diplomats, policymakers and heads of the main business associations will engage in a constructive dialogue about the outlook of the business environment in Romania. By looking at some of the issues that hinder the accelerated development of the economy, the heads of large firms will make recommendations for improving the overall climate for doing business in Romania. And their voice will be heard directly by policymakers.

Getting the real feeling of investment communities

Six communities, six countries that have shaped Romania’s economic development in close to three decades, will be at the same table during the forum. This will be an exceptional opportunity to share ideas, seek new business partners and find out more about the trends that shape both the local and international economies. You will also be able to find what are the investment priorities of American, Austrian, British, Dutch, French and German investors.

Mapping the priorities of Romanian and European institutions

Officials from the Romanian government and the European Commission, the executive arm of the EU, will have their say during the forum, on the economic priorities that could be translated into legislation in the years to come.

Investors are, for instance, interested in finding out more about the potential change of the taxation system for individuals and Romania’s first sovereign wealth fund that could grow to EUR 10 billion in the years to come.

Focusing on growth of the economy/of foreign investments/of operational results

Romania’s growth has gained momentum in terms of economic development and attraction of investment flows from international investors. With the economic growth estimates hovering around 4-5 percent per year and a FDI flux that could exceed EUR 4 billion in 2017, Romanian authorities have to take wise decisions so as to maintain these trends in the next year.

Sustainable growth will be brought by strategic investments in infrastructure, healthcare and education, which will have a far reaching societal benefit, including for the operations of both Romanian and foreign firms.

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