Romania's economic success

• Romania is attracting investors thanks to its stable economic growth and favorable tax reforms.
• Poland and Romania share a common economic transformation and cooperation in regional initiatives.
• The technology sector in Romania is growing rapidly, with successful global companies such as UiPath.
• IT outsourcing in Romania is distinguished by its competitive costs.
• The growing purchasing power of consumers in Romania is creating new opportunities for companies in the e-commerce and finance markets.
• Romania's strategic location in Central and Eastern Europe facilitates the development of trade and logistics.
• Romania is a market with enormous potential to become a key player on the map of the European economy.

Details below!

Romania, a country with a rich history and a booming economy, is becoming an increasingly interesting market for investors. In recent years, Romania has become known as Europe's "economic tiger," attracting the attention of businesses.

Poland and Romania - what do we have in common?

Poland and Romania have much in common, especially in the context of the post-1989 economic transition. Both countries have gone through the process of integration into the European Union, which has contributed to their rapid development. Common challenges, such as modernizing infrastructure and adapting to EU standards, have created space for cooperation. It is also worth noting that Poland and Romania are active participants in regional economic initiatives, such as the Visegrad Group, which further strengthens their relations on the economic level.

Why enter the Romanian market?

Romania offers many advantages to foreign investors. First of all, stable economic growth, which has averaged 5-6% per year in recent years. Thanks to favorable tax reforms and openness to foreign investment, the country is becoming a An attractive place to do business. In addition, low unemployment and growing consumer purchasing power mean that the Romanian market has great potential. Also worth noting is Romania's strategic location in Central and Eastern Europe, which facilitates access to neighboring markets and encourages the development of logistics and transportation.

Why is Romania attracting investors?

Romania is attracting investment due to several key factors:

• Political stability

The country enjoys a stable government and democratic institutions. This stability is crucial for long-term investment.

• Educated workforce

The high level of education among young people is fostering the development of the technology sector. Technical universities in Romania train specialists in fields such as computer science and engineering, which translates into the availability of a skilled workforce.

• Tax reforms

Favorable tax laws, such as a low corporate tax rate, encourage investment.

Tax reforms

Tax reforms in Romania have helped make the country more attractive to investors. These changes include lowering income tax rates and simplifying administrative procedures. This has made it easier for entrepreneurs to set up businesses and expand in the Romanian market.

In addition, tax credits for new investments and support programs for technology startups have been introduced. All this makes Romania one of the most business-friendly countries in Central and Eastern Europe.

International capital in Bucharest

Bucharest is becoming a center of international capital, attracting investment from various sectors. Many global companies are choosing to open offices and service centers in the Romanian capital. High wage competitiveness and the availability of a skilled labor force make Bucharest an ideal location for IT companies, among others. The city also hosts a number of international conferences and industry events, which encourages networking and experience sharing among entrepreneurs.

How is the technology sector developing in Romania?

Romania's technology sector is growing rapidly. The country has become one of the leaders in Central and Eastern Europe in terms of technological innovation. Many startups and technology companies are gaining recognition on the international stage, and Romanian IT solutions are increasingly being used by global companies.

One example is UiPath, which has become one of the world's leading providers of business process automation software. In addition, the government is supporting the development of the technology sector through various grant programs and initiatives to promote research and development.

IT Outsourcing in Romania

IT outsourcing is one of the key areas of development in the Romanian economy. Foreign companies are eager to use Romanian IT specialists because of their competitive prices. The sector generates a significant portion of Romania's service exports and is an important part of the country's economic development strategy.

In the context of the global digital transformation Romania stands out as a leader in providing cutting-edge IT solutions that support the digitization of companies around the world. In addition, many outsourcing companies offer comprehensive services from software development to IT infrastructure management, making them attractive business partners for foreign corporations.

Growing consumer purchasing power in Romania

The purchasing power of consumers in Romania is growing, creating new opportunities for investors. Increasing income levels and residents' changing shopping preferences are translating into increased demand for a variety of products and services. Companies that decide to expand into the Romanian market can expect their businesses to grow rapidly. These developments are particularly evident in the e-commerce and financial services sectors, where technological innovations enable easier access to products and services.

The future of business in Romania

Romania is a country with tremendous economic potential, attracting investment thanks to stable growth, favorable tax reforms and a growing technology sector. From a long-term perspective, Romania has the potential to become a key player on the map of the European economy, offering not only investment opportunities, but also inspiration for innovative business ventures.

If your company is planning to expand into new markets and is looking for a proven partner to help develop an effective entry strategy, we encourage you to sign up for a free consultation. We will be happy to outline how we can help you!