“Now that our resilience has been tested and seeing as the vaccination process has already begun, we are confident 2021 will be better,” Strassberg said.

Under the  circumstances, Mid Europa Partners believes Romania is in a good position for its economy to grow in 2021, especially if the EU funds will be possible to access by both public and private sectors and infrastructure investments continue, he added.

The year 2021 will see a gradual return to normal, the executive says. However, it takes time for the eagerly awaited vaccine to become widely available, which allowed life to return to what it was before. Mid Europa Partners expects things to go back to normal in the second half of 2021, Strassberg added.

Mid Europa Partners, one of the most active financial investors in Romania in the past few years, plans to make two or three new investments this year and one of them might be in Romania.

The buyout investor owns three businesses in Romania – private medical service provider Regina Maria, retailer Profi and parcel delivery company Cargus.

(English version by Loredana Fratila-Cristescu)