Special Report on
Investing In Romania
Investing In Romania - Trends
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The background of this work is the implementation in Romania - as of the year 2007 - of the private pension funds system. This system has two pillars: second pillar (mandatory for workers under age 35 and optional for workers between age 35 and 45) and third pillar (facultative pensions). In the second pillar, workers between age 35 and 45 have had the option till January 2008 to join the mandatory layer (for them it becomes mandatory from the day they choose to join a mandatory pension fund). Workers can join the third pillar whenever they want. According to figures published on the National House of Pensions and Other Social ...
Romania – famous for its beautiful palaces and castles, wonderful liquors and food, Dracula, dazzling women is a beautiful country located in central-eastern Europe. It is the 12th largest country in the Europe. The economy of Romania has shown potential growth in the past few years. Since 2000, Romania has shown a rhythmic growth of 4.5% raised by 8.3% in 2004. The current economy statement in Romania is steadily increasing the levels of GDP and significantly high levels of Foreign Direct Investment (FDI). The economy investment grade has recently been upgraded by Fitch and P&S. ... Read More
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