Companies with Romanian private capital are no. 1 in a quarter of the 80 markets analysed in Romania's business yearbook "Biggest players in the economy," which includes data on the top ten players in the business world, from the steel industry, IT&C and retail, through to the food industry and the oil industry. The remaining three quarters of the sectors analysed by ZF are dominated by foreign-held private companies.
Romanians continue to be market leaders in constructions, agriculture, retail, food and beverage production, advertising, on the legal market, and the private clinics market, but businesspeople say the number of companies with Romanian shareholders will continue to decline over the next few years.
"The capital you've got as an entrepreneur is determinant, that is why the economy is dominated by foreign capital businesses. If the Romanian businesses were not started in the early nineties, so as to see a gradual accumulation, now it is very difficult to get a massive capital accumulation in one or two years," said Ioan Popa, founder and general manager of Transavia, the biggest local poultry producer, a company that posted almost 96 million euros in turnover last year.
Companies with Romanian private capital are no. 1 in a quarter of the 80 markets analysed in Romania's business yearbook "Biggest players in the economy," which includes data on the top ten players in the business world, from the steel industry, IT&C and retail, through to the food industry and the oil industry. The remaining three quarters of the sectors analysed by ZF are dominated by foreign-held private companies.
Romanians continue to be market leaders in constructions, agriculture, retail, food and beverage production, advertising, on the legal market, and the private clinics market, but businesspeople say the number of companies with Romanian shareholders wil