TMF Group presents the second edition of Doing business in Romania, a briefing paper on the characteristics of the Romanian business environment.
The three biggest challenges faced by foreign companies operating in Romania are:
- Frequent changes of legislation (54%)
- Obtaining the appropriate level of support from the authorities (51%)
- Implementation of legislative requirements (49%)
Most businesses are willing to face these challenges, as they benefit from a strong economic recovery in Romania and an impetus to improvement in recent years, which also translates into opportunities.
Find out about the current Romanian business climate and how companies best navigate their way through, at the link below.
Download the 2014 report
The briefing paper is based on results from TMF Group´s questionnaire, conducted in June-November 2015, among 56 professionals working at both international and local firms in Romania.
TMF Romania has been active in the Romanian market for 17 years and understands the local environment.