Swiss franc about local market obstacles
The economic whirlwind in which Romania has been the past few years has given foreign investors quite some thrills. And Swiss firms are no exception. They remain interested in Romania, despite a drop in business volume, and the country is still one of main Eastern European destinations for Swiss investments, because of cheap labor and a large production and consumption capacity.
By Cerasela Marin July 2011 - From the Print Edition
About EUR 1.1 billion – this is how much Swiss companies had brought onto the local market by 2010. The Country of Cantons occupies eighth place among the biggest foreign investors, according to a report by the Swiss Embassy in Romania. It seems a good sum but is it good enough? Even if the Central Bank’s statistics – which hike Swiss investment in Romania to EUR 2.1 billion by the end of 2009 – are used instead, Romania is still lagging some way behind other CEE countries. Among regional recipi... To continue reading this article you have to be registered
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