Romania: Austrian Investors Demand Transparency

Politics ♦ Published: September 17, 2013; 11:27 ♦ (Vindobona)

In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.

Romania: Austrian Investors Demand Transparency / Picture: ©

Austria is the second biggest foreign investor in Romania. Investments in the past years were stable despite of the economic and financial crisis, which hit the Eurozone hard. Total investments in Romania came at € 10 bn which equals 18 percent of FDI. “The trend of stable and lasting growth will continue in 2013,” the economic delegate forecasts. He points out that recent growth…