The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Monday, 27 June 2011

Romania has the power to attract investments in energy

Investment opportunities on the local market were on everyone’s lips at the Energy Series BR event held on June 21.

There are two main arguments in support of Romania’s investment potential: “Romania is in a really privileged position: it is a growing market with both natural and human resources.

There are definitely opportunities for investment here,” said Tudor Gafton, general manager of Petrofac. Romania’s 150-year tradition in the oil & gas industry is another one of its competitive advantages, attendees also heard.

Investment will also be encouraged through a new strategy that will be considered by the Ministry of Economy this autumn, announced Corneliu Condrea, general manager at AGRI Romania (the Azerbaijan-Georgia-Romania Interconnector gas transportation project), which as Anca Ionita, Business Review business development director and the event moderator, pointed out, will provide a suitable context for organizing a new Oil & Gas event. “The new strategy that will be adopted by the ministry will be an incentive for Business Review to organize a new roundtable to discuss it and try to understand where we are heading next year,” she stated.

More details at: http://business-review.ro/power/romania-has-power-to-attract-oil-gas-investment/11776/

For tailor-made market intelligence and investment opportunities in the energy sectors in Eastern Europe, please do not hesitate to contact us at europa @ frdcenter.ro

Kind regards,
Jackie Bojor
FRD Center Market Entry Services
www.market-entry.ro