Romania on fourth place in Europe on jobs created through FDIs in 2016

Georgiana Bendre 01/06/2017 | 10:38

Romania is on the fourth place in Europe on the number of jobs created due to foreign direct investments in 2016, according to the barometer EY European attractiveness survey 2017 edition. Last year, Romania attracted 132 FDIs projects, a growth by 32 percent compared with 2015, generating 17,545 new jobs.

UK is on the first place with over 43,0000 new workplaces, followed by Poland (with 22,000) and Germany, which had close to 20,000 new workplaces generated by FDIs.

Romania outruns Czech Republic and Hungary in Central and Eastern Europe regarding the number of investments projects and on the twelfth in the general European ranking.

The FDIs in Europe reached a record in 2016, by 5,845 of new registered projects (a growth by 15 percent compared with 2015). It led to the creation of close to 260,000 new workplaces.

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Bogdan Ion, Country Managing partner EY Romania, says: “In 2016 the geopolitics concerns were priority for the administration councils, but the investments continued in the biggest unique market worldwide, where the GDP of the euro zone exceeded the one of US for the first time after the financial crisis from 2008. The slow growth of many emerging markets from 2016 seem to have contributed to the European attractiveness and the global investors see the European workforce as an important asset. Robotics and the artificial intelligence also contributed to the consolidation of the main traditional production and business services sectors from Europe.”

UK, Germany and France were the main three European destinations for investments in 2016, which attracted more than a half of the FDIs. Spain was on the fourth position, while Poland climbed in the FDI ranking, becoming the first country from Central Europe that entered the first five investments destinations. Romania is on the twelfth place, a growth by 35 percent compared with 2015.

Among the first three investments destinations, France had the highest growth rate of 30 percent versus 2015.

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