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The new Romania is the verge of phenomenal future.
In 2006, GDP growth was recorded at 7.7%, one of the highest rates in Europe.
Romania has attracted increasing amounts of foreign investment, becoming the single largest investment destination in Southeastern and Central Europe. Foreign direct investment was valued at 8.3 billion Euro in 2006.
World Bank report of 2006, Romania has emerge stronghold in ease of doing business, scoring higher than other countries in the region such as Hungary, Poland and the Czech Republic.
The same study judged it to be the world's second-fastest economic reformer in 2006.
Outstanding key players like Microsoft, Nokia, Alpha bank, Pireaus, Petrom, Siemens, Cisco, Renault-Nissan, Hyundai, 3M and the like which benefited from the copious erudite labor supply in Romania.
Expected to complete within the end of the decade the Brasov International airport being built by IntelCan and operated by Ottawa International Airport , additional east-west high way, Rehabilitation of DN1, Baneasa development, retail, residential and commercial properties sprouting through out the country.
From year 2000, the Romanian economy was transformed into one of relative macroeconomic stability, characterized by high growth, low unemployment and declining inflation demonstrating a robust and optimistic economy.
On the verge of the biggest real estate boom in history, set to totally eclipse after joining the EU in year 2007 and revealed overall business climate and opportunity is very promising. Industry leaders and CEOs perceive 2007 is just a start of a new beginning.
A surging demand for real estate is expected to sustain a continued growth of the property industry.
The current economic managers of the country have remained steadfast in pursuing a blueprint for an economically prosperous future.
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