Why Romania? Your next strategic business hub

 

Romania is rapidly emerging as a top destination for foreign direct investment (FDI), offering a compelling blend of untapped economic potential and a business-friendly environment. A recent study by the Bucharest University of Economic Studies (ASE) highlights the country's strengths, particularly for businesses looking to establish or expand their physical footprint with modern office and warehouse spaces.

 

A growing economy with untapped potential

 

The study identifies key growth sectors where Romania's potential is most pronounced: renewable energy production, logistics, nearshore manufacturing, advanced digital services, and the defense industry. These sectors drive demand for specialized infrastructure, including state-of-the-art warehouses, production facilities, and modern office complexes. Romania boasts a stable democratic regime, a strategic geographical position, and full membership in the EU, Schengen, and NATO, enhancing its appeal as a secure and integrated market.

 

Talent pool & competitive operating costs

 

With a robust workforce of over 8 million people, Romania offers competitive salaries, strong digital literacy, and multilingual capabilities – essential attributes for any business seeking efficient operations, whether in an office setting or a manufacturing plant. This human capital, combined with a competitive fiscal regime (including a 16% corporate tax, 10% income tax, and generous R&D incentives), significantly lowers operational costs, making Romania an attractive choice for long-term investment in office and industrial real estate.

 

Prime locations for your operations

 

Romania's diverse regions offer distinct advantages for businesses seeking specific types of office or warehouse space:

 

București-Ilfov: The established business center

 

As Romania's most developed region, București-Ilfov stands as the country's primary economic engine, offering premium office spaces, well-connected business parks, and logistics hubs. Ideal for corporate headquarters, financial services, and high-tech companies, this region provides access to a vast consumer market and extensive infrastructure.

 

Sud-Est: Gateway to maritime logistics & green energy

 

Encompassing cities like Constanța, Galați, and Tulcea, the South-East region is strategically positioned for maritime logistics, renewable energy projects, and the food industry. Businesses here can benefit from proximity to major Black Sea ports, making it perfect for large-scale warehousing, distribution centers, and industrial facilities requiring efficient transport links.

 

Nord-Est: A hub for IT, manufacturing & logistics

 

The North-East region, including Iași, Bacău, and Suceava, offers a competitive labor force and is rapidly growing in IT&C, automotive, general manufacturing, and logistics. This region is an excellent choice for companies seeking IT office parks, production facilities, and warehousing solutions that leverage a skilled and cost-effective workforce.

 

Centru: Innovation, industry & connectivity

 

Cities like Cluj, Alba, and Sibiu in the Center region are renowned for IT&C, research and development, diverse industries, and a strong educational sector. This area is ideal for technology companies, R&D centers, and advanced manufacturing plants, offering modern office spaces and industrial parks supported by solid infrastructure.

 

Infrastructure & incentives: building your success

 

Investing in Romania means leveraging significant governmental and EU support, alongside a continuously improving infrastructure.

 

Robust transport networks

 

Romania's commitment to enhancing its transport infrastructure, including railways, highways, ports, and airports, ensures efficient connectivity for logistics and supply chains. This is particularly beneficial for businesses requiring swift movement of goods, making warehousing and distribution operations highly efficient.

 

Attractive investment support

 

The country offers a suite of incentives to foreign investors, including state aid, EU funds (such as those from the PNRR), guarantees, and readily available industrial parks and logistic zones. These facilitators significantly ease the process of setting up and expanding operations, providing a solid foundation for your business's success in Romania's dynamic economic landscape.

 

Source: startupcafe.ro