Hungarians lured to set up shop in Romania

Tourism

Hungarian-Romanian companies accounted for 129 of the 5,600 new joint ventures established in Romania during the first five months of 2008, making Hungary the second most active country behind Italy.

A total 5,600 new joint ventures was registered in Romania in January-May with combined registered capital of €1.9 billion, according to figures from Romania's National Institute of Statistics (INS).

The largest number of these joint ventures, 393, was registered in Bucharest, according to the INS data.

Of the 5,600 joint ventures, 203 involved companies from Italy, 129 were Romanian-Hungarian joint ventures, 86 involved companies from Germany and 73 involved companies from Cyprus, according to the INS data. (MTI – Econews)

ADVERTISEMENT

Business, consumer confidence improves - Századvég Analysis

Business, consumer confidence improves - Századvég

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

Martina Cifer joins Avison Young Hungary Appointments

Martina Cifer joins Avison Young Hungary

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.