Cristian Cojanu
Infineon Technologies has announced plans to invest another two million Euro in new microchip testers, as the company banks on steadily improving economic conditions in its core markets and strong demand across all segments.
With an optimistic tone, Dr. Michael Neuhaeuser, Infineon Romania's Vice President and General Manager, said he expected continued growth for his companys operations in the next 12 months.
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Citing corruption, bureaucracy and the frequent changes in fiscal legislation as some of the main hurdles affecting the business environment in Romania, the representatives of the Greek business community are still optimistic.
Gathered together at the Grand Hotel Continental, the diplomats and business people participating in Business Arenas Greece/Romania Roundtable Business Conference and Awards 2010 sounded a positive note with regard to the future of Greek/Romanian business ties.
While most Austrian investors admit to have experienced a challenging task, trying to adapt their strategies to the recent difficult economic conditions in Romania, they still emphasized their long-term commitment to this market at Business Arenaa
Citing corruption, bureaucracy and the frequent changes in fiscal legislation as some of the main hurdles affecting the business environment in Romania, the representatives of the Greek business community are still optimistic.
Gathered together at the Grand Hotel Continental, the diplomats and business people participating in Business Arenas Greece/Romania Roundtable Business Conference and Awards 2010 sounded a positive note with regard to the future of Greek/Romanian business ties.
In this context, Ioannis Paschalis, Minister Counselor with the Greek Embassy, told the participants that although the economic conditions were unfavorable, the number of Greek-owned companies registered in Romania increased to 4,778 in January 2010 from 4,697 in December 2009.
With investments in excess of nine billion Euro and over 5,600 companies registered in Romania, Austrian investors reiterated their confidence in the opportunities offered by this market at Business Arenas Austria - Romania Roundtable Business Conference and Awards 2010. Organized at the J.W. Marriott Bucharest Grand Hotel, in partnership with BCR, Raiffeisen Bank, Asirom, Cargo Partner and Julius Meinl, the conference brought together a wide range of experts and business leaders who discussed the current business trends and prospects for development.
The photo from left to right: Wolfgang Schoiswohl, Executive Vice President, BCR; Rudolf Lukavsky, Commercial Counselor, Embassy of Austria; Daniel Pavel, Deputy Director, Chamber of Commerce and Industry of Romania; Reinhard Zeitlberger, Head of Corporate Customers and International Desk, Raiffeisen Bank Romania; Boris Schneider, General Manager, Asigurarea Romaneasc ASIROM Vienna Insurance Group; Michael Neuhauser - Vice-president and General Manager, Infineon Technologies Romania
