This is one of the lessons taught by Buddha. May it be your everyday life or your business, thoughts become things and thus you are in more control than you would think. Your thinking determines your actions and your actions determine the/your outcome.
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Turkish- Romanian relations reach new highs
What is the total volume of Turkish investment in Romania and which sectors of the economy have attracted the largest Turkish investments so far?
Today, the total volume of Turkish investments (including transfers from third countries) in Romania amounts to around 5.5 billion USD. Banking, chemicals, fertilizers, household goods, paper and paper products, civil engineering and private education are the main sectors which have attracted considerable amounts of Turkish investment so far.
What new sectors have potential to attract more investments from Turkey?
I think that energy, transportation, tourism and healthcare are the sectors that have a huge potential, and Turkish companies will show increasing interest to invest in these sectors in the near future.
What are the main elements that make Romania an attractive investment target for Turkish investors?
Romania is a significant investment territory for final consumer products, as well as for industrial goods and their producing industries.
What are the main elements that make Romania an attractive investment target for Turkish investors?
Romania is a significant investment territory for final consumer products, as well as for industrial goods and their producing industries.
How many companies with Turkish capital have been registered in Romania and what areas of the country have attracted most Turkish investments?
Around 6,000 Turkish companies currently operate in Romania and Bucharest, Dobrudja, Cluj, Timisoara and Ploiesti are among the main areas that host most of the Turkish investment in Romania.
Turkish investors were among the first to arrive in Romania in the early 1990s. What would you say that has changed in the structure of Turkish investments here over the years?
The Turkish investments have shifted from smaller and medium towards larger scale. Therefore, a shift from smaller companies to larger ones has been observed in time, mainly as a result of new market and operating conditions.
How would you characterize Romania’s business environment and what are the main aspects that Turkish investors find more difficult to deal with?
There are some legislative problems regarding the land registry. Another important issue is represented by the difficulties that Turkish business people have to face when getting their visas. Furthermore, the new constraints introduced by an amendment to the foreigners’ law, pushing the minimum requirements higher than the usual, will only allow strong and large companies to invest here, reducing the overall number of companies operating here.
Today, the total volume of Turkish investments (including transfers from third countries) in Romania amounts to around 5.5 billion USD. Banking, chemicals, fertilizers, household goods, paper and paper products, civil engineering and private education are the main sectors which have attracted considerable amounts of Turkish investment so far.
What new sectors have potential to attract more investments from Turkey?
I think that energy, transportation, tourism and healthcare are the sectors that have a huge potential, and Turkish companies will show increasing interest to invest in these sectors in the near future.
What are the main elements that make Romania an attractive investment target for Turkish investors?
Romania is a significant investment territory for final consumer products, as well as for industrial goods and their producing industries.
What are the main elements that make Romania an attractive investment target for Turkish investors?
Romania is a significant investment territory for final consumer products, as well as for industrial goods and their producing industries.
How many companies with Turkish capital have been registered in Romania and what areas of the country have attracted most Turkish investments?
Around 6,000 Turkish companies currently operate in Romania and Bucharest, Dobrudja, Cluj, Timisoara and Ploiesti are among the main areas that host most of the Turkish investment in Romania.
Turkish investors were among the first to arrive in Romania in the early 1990s. What would you say that has changed in the structure of Turkish investments here over the years?
The Turkish investments have shifted from smaller and medium towards larger scale. Therefore, a shift from smaller companies to larger ones has been observed in time, mainly as a result of new market and operating conditions.
How would you characterize Romania’s business environment and what are the main aspects that Turkish investors find more difficult to deal with?
There are some legislative problems regarding the land registry. Another important issue is represented by the difficulties that Turkish business people have to face when getting their visas. Furthermore, the new constraints introduced by an amendment to the foreigners’ law, pushing the minimum requirements higher than the usual, will only allow strong and large companies to invest here, reducing the overall number of companies operating here.
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