Survey shows foreign companies in Romania avoid further investments
<p>A survey carried out by the Council of Foreign Investors (FIC) in Romania among its members shows that companies are reluctant to invest in the period: only 36% of respondents have planned investment increases for the next 12 months, while 43% of companies will maintain investments the same as in the previous year, and 22% will reduce them.&nbsp;</p>

<p>At the same time, 71% of the companies will continue to reduce costs for the next period, the institution said in a press release quoted by <a href="https://www.zf.ro/zf-24/consiliul-investitorilor-straini-companiile-sunt-reticiente-in-22524729?mc_cid=610a01f37c&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Ziarul Financiar</a>.</p>

<p>The main reason why investments are postponed is legislative uncertainty (80%), as well as taxation (70%).</p>

<p>On the upside, most respondents (65%) predict that the revenues from the businesses conducted in Romania will increase this year.</p>

<p>The responding companies are part of different activity sectors defined in a broad sense - production, trade, services, and construction.&nbsp;At the same time, 55% recorded a turnover of over RON 1 billion, and 59% have a total number of employees that exceeds 1,000 people.</p>

<p>The turnover of all FIC member companies represented approximately 22% of the nominal GDP in 2023, meaning almost RON 348 billion.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Wanida Prapan/Dreamstime.com</a>)</em></p>