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Deloitte Romania: Romania is a growing market in terms of mergers and acquisitions
Romania is perceived as an oasis of stability by foreign investors, Radu Dumitrescu, director with Deloitte Romania, said on Monday during a conference on mergers and acquisitions.
“According to recent history, investors would be tempted to invest when on the market there are rather few transactions. Romania comes out of a period when it had a sharp economic decline during the crisis and also it had economic growth, not necessarily a very strong one. Now is an appropriate time, as one can see on the market. The economy is growing and investors are attracted. Investors are looking to macro-economic data, fiscal stability, fiscal aspects against surrounding countries. I think Romania is perceived as an oasis of stability. If we look, we have a war ongoing on the right-hand side, political turmoil on the left-hand side,” Dumitrescu said.
He added that Romania is a growing market in terms of mergers and acquisitions.
“It’s a large market, growing, and is a market sought by investors. Large investors have some minimum limit for investments, let’s say EUR 100 million. To invest such amounts in Romania one must look at regional champions. We have regional champions 1-2 in each sector that could attract these investors,” said the Deloitte Romania director.
Romania ranked fourth in the region last year in terms of mergers and acquisitions market, with a total value estimated to USD 3.65 billion, up by 22.4% against the previous year, according to a EY CSE M&A survey 2015, issued on April 13.
First ranks Turkey with an estimated value of USD 10.8 billion, followed by Poland with USD 7.6 billion and by Czech Republic with USD 7.2 billion.