EY: 46 pct of foreign investments in Romania were cancelled, reduced or suspended in 2020

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EY: 46 pct of foreign investments in Romania were cancelled, reduced or suspended in 2020

Nearly half of foreign investors present in Romania (46 pct) have cancelled, diminished or interrupted their investments in 2020, while 51 pct operated no change in planned investment projects, the EY data reveals, the first EY attractiveness study dedicated to the local market.

Nonetheless, investors remain optimistic, and 41 pct of them consider that Romania will be more attractive from the point of view of foreign direct investments after the conclusion of the pandemic. In this context, operations relating to logistics/ supply and production chains represent…

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