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  Romania
HOME >> COUNTRY REPORTS >> Romania
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Official name Romania
Capital  Bucharest
Population  22,276,056
Currency  "new" leu(RON)
Official language   Romanian
GDP  $8,800
romania lines

  STRENGTHS
  WEAKNESSES

A large domestic market, the second largest in Central Europe

Member of the European Union from January 1st, 2007

Rents for apartments in the capital grew by 15-20% in the first months of 2008

The total value of real estate transactions in the first five months of 2008 amounts to 570 million euros

According to local real estate experts, property investors can make profits of 6 to 300% in Romania

Romanian GDP will double by 2011

As most of the countries that are in a development process, Romania still has to work at the infrastructure system.

The rural population still lives in quite “old fashion” conditions

The country is still in a process of development


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