Business Real Estate Developer

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Introduction to Romania

  • Capital: Bucharest
  • Area: 238,392 km²
  • Population: 22.3 million
  • Density: 91 persons/km²
  • 2nd largest country in Eastern Europe after Poland
  • 56% urban
  • Literacy rate: 98%

Economic indicators

  • Economic growth 2005: +4.6%
  • Economic growth 2006: +7.8%
  • Economic growth 2007: +6.2%
  • Significantly dynamic private sector: 52% of companies make 69.1% of the GDP
  • Inflation dropping steeply: 6.7% in 2007

23 million consumers

  • 23 million consumers
  • +75% of sales through major retail in 2005 compared to the previous year
  • Strong growth potential
Ateneul Roman, Bucuresti