Wednesday, April 2, 2008

Survey: Romania most attractive investment destination

BUCHAREST, April 1 (Xinhua) -- Romania is currently considered by foreign investors the most attractive investment destination in Central and Eastern Europe, the official Rompres news agency reported Tuesday citing an international survey.

The survey, conducted by the Center for European Economic Research (ZEW), shows that about 37 percent of foreign investors polled consider Romania as the most attractive investment destination, ahead of Poland (34 percent), the Czech Republic and Hungary (6 percent).

At the same time, 61 percent of investors believe that Romania is the most active country in the region in the outlook of mergers and acquisitions.

About 4.5 percent polled consider Romania's current situation as good, 68.2 percent consider it acceptable and 27.3 percent deem it as negative.

Additionally, Germany and Austria are considered the most active investors in Central and Eastern Europe, with both states having major interests in Romania, according to the survey.

Germany is Romania's main commercial partner and Austria is the biggest foreign investor in the country.

The ZEW survey shows that investor opinion about Eastern and Central Europe has improved over the past months. At the beginning of the year investors were pessimistic and skeptical about Romania and other countries in the region.

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