US: Active Investor in Romania

People ♦ Published: June 24, 2013; 19:16 ♦ (Vindobona)

US companies remained active investors in Romania last year. Particulary the IT sector, automotive industry and oil/gas sector are increasingly strengthening their local position. Foreign direct investments from the US came at more than $ 1bn.

US: Active Investor in Romania / Picture: ©

Romania’s relations with the US have developed from military and security fields to the trade of technology, education and environment, President Traian Basecu announced. He explained that the recent investments were made under the guidance of the Joint Declaration of Strategic Partnership for the 21st century between the US and Romania, which was sealed in the fall of 2011. “The…