Turkish businessmen plan to double their investments in Romania

Turkish businessmen plan to double their investments in Romania in the next two years to 8 billion euro, President of the Turkish Business Association Omer Susli declared. Commercial exchanges between Romania and Turkey registered last year about 4 billion euro, a 41% decrease compared to 2008. For 2010 we plan to have a 20% increase, Susli explained.

Currently, Turkish capital investments in Romania rest in the banking, constructions, production or retail sectors. Even though 2009 was slow in terms of business, the total investments in Romania registered a little over 3 billion euro.

The five sectors represent over 50% of the commercial exchange between the two countries.