joi, 19 noiembrie 2015

Market informations about Romania. Romanian SWOT analyse

I write this  post because a foreigner investor in Romania told me that every day is trying to get osme new informations about romanina economy and he did not find something. Sure, here, in romanian magasines and local webpages we write different things. Sure, the statistics of European Union mention about some romanian performances (or not) but some periodical market informations, based on true experiences...hard to find. My discussion with that investor was based on the land properties, especially on big agricultural properties. Doesn't matter this discussion, important is that from Bucharest to Miami, from Madagascar to Reykjavik the investors need informations about the quality of economic life in Romania. So, Romania in a short SWOT analyse could be presented in this way:
STRONG in Romania is
- Safety. Romania is a safe country. No one is afraid that people with bombs in a bag walk around. IN Romania police and secret services do a good job, especially in the big cities.
- the economic life is pretty good, with good numbers of sales especially in industry (biggest growth of exports in Europe since 2010) and retail. If you want to build a comercial building in the heart of a big city you can come in Romania. Despite other cities policies, here look like all the mayors love to build commercial centers and office building where no one ever believe before...
- price for labour are down and for lower salaries al the employers can find good workers (0 chances for riots)
- profit tax is low 16% and if you have good accountants (easy to find...) you can save some more money from taxes...
- excellent geographycal positions - 2-3 hours to fly from a lot of important world points ( Moscow, Tel Aviv, London, Paris), equal distances to China and USA
- the Danube allow to export very cheap to Europe.
WORST
-the Roads. Romania still have big problems with the roads, but probably in 3-5 yrs a big part of the problems will be vanishing
-corruption - in some parts of the country could be bigger like the average. Everywhere in the world is some corruption, so this is not a critical problem. And the good news are that the prosecutors really work hard to destroy some corruption octopussies.
- juridical system is a little to slow. A trial could keep 2-3 yrs until the problem is solve. Sometimes it takes 6-8 months until to the first term in court. Especially in Bucharest. Settlements almost not exist.
- attitude of some government agencies are not he best. Many public employes are not polite and are too quickly to cut tickets in stead to prevent by using other type of methodes (workshopes, warnings etc)
OPPORTUNITIES
- geographycal position
- safe country in a world of unsafety
- solid banking system
- strong IT industry
- educated and conservatory work labour. In many cases peple works 20-30 yrs in the same company
- large railway infrastructure
Danube infrastructure - a lot of little harbours which can help the investors
- excellent soiles for agricuture and good prices for land
- good prices for properties (rent / sale)
- excellent educational centers for foreigners in all the important languages (kindergardens, schools, colleges, universities)
THREATS
- some mayors did not understand that the municipalty is not their own property
- low natality

so..situation is pretty good. Dear investors come to Romania. Sure you make big money in safe conditions

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