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FIC

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FIC: Romania Should Prioritize Attracting Foreign Investment
Analysis

FIC: Romania Should Prioritize Attracting Foreign Investment

Romania should make a priority out of attracting higher volumes of foreign direct investment, by raising its absorption capacity and developing medium and long-term strategies considering th...

Oana Gavrila · 16.02.2021 · 16:04 · 2 min
Business Sentiment Among Foreign Investors in Romania Worsens
Analysis

Business Sentiment Among Foreign Investors in Romania Worsens

Foreign investors in Romania report negative sentiment regarding the COVID impact on business, with 68.2% of the respondents estimating a moderate decrease and 13.6% a rather significant dec...

Oana Gavrila · 10.12.2020 · 16:40 · 1 min
Ramona Jurubita, New President Of Foreign Investors Council In Romania
Banks-Insurance

Ramona Jurubita, New President Of Foreign Investors Council In Romania

Ramona Jurubita, Country Managing Partner at KPMG Romania, is the new president of the Foreign Investors Council (FIC), after Uniqa Asigurari CEO, Franz Weiler, ended his second term as head...

Ecaterina Craciun · 20.06.2019 · 18:18 · 1 min
Foreign Investors Council: Hazardous Changes To Affect Economy Deeply
Analysis

Foreign Investors Council: Hazardous Changes To Affect Economy Deeply

The Foreign Investors Council (FIC), which consists of 123 member companies whose total investments in Romania amount to nearly EUR35 billion, warned Thursday the government's tax plans will...

Oana Gavrila · 20.12.2018 · 13:21 · 2 min
Foreign Investors Call for Fewer Emergency Decrees, Consultations on Legislation
Analysis

Foreign Investors Call for Fewer Emergency Decrees, Consultations on Legislation

The Romanian Government should not use the emergency ordinances procedure for amending fundamental legislation, especially without a real and structured consultation with the business enviro...

Oana Gavrila · 04.10.2018 · 12:14 · 2 min
Foreign Investors: Romania No Longer Competitive in Workforce Availability
Analysis

Foreign Investors: Romania No Longer Competitive in Workforce Availability

Romania is no longer competitive in terms of the availability of adequate workforce, a majority of respondents said in a survey carried out in September by the Foreign Investors Council (FIC...

Oana Gavrila · 26.09.2018 · 14:31 · 2 min
FIC: Romania's Infrastructure Will Act As Brake On Growth
Analysis

FIC: Romania's Infrastructure Will Act As Brake On Growth

Romania is rapidly approaching the point, if it has not reached it already, where the current infrastructure will act as a brake on growth, the Foreign Investors Council (FIC) said in a stat...

Oana Gavrila · 20.09.2017 · 14:25 · 2 min
Foreign Investors Council Criticizes Split VAT
Companies

Foreign Investors Council Criticizes Split VAT

The Foreign Investors Council (FIC) criticized the government's plan to impose separate payment accounts for value-added tax as of January 1, 2018 saying it will have a serious impact on the...

Oana Gavrila · 31.08.2017 · 16:10 · 1 min
Foreign Investors Council: Predictability Is Crucial to Economic Development
Companies

Foreign Investors Council: Predictability Is Crucial to Economic Development

The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabil...

Oana Gavrila · 05.07.2017 · 16:04 · 3 min