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Positive trend registered by direct investments with significant impact on the economy during january - june 2005
( 01 / June / 2005 )
The engaged investments registered according to the Law no. 332/2001 regarding direct investment with significant impact on the economy reached a volume of USD 672 million and a total number of 52 projects against 36 projects during the same period of the previous year, when the engaged value of the investments amounted USD 598 million. During June 2005, the number of projects rose by 13 and their value registered USD 227 million.
During October 2001(when Law no. 332/2001 regarding direct investment with significant impact on the economy entered into force) until June 2005, the Romanian Agency for Foreign Investment gather the data from the Regional Development Agencies, and the statistics regarding the number of projects show 391 with a total value engaged of USD 3,977,021,394. Most investments were engaged in (starting the law entering into force): telecommunications - representing (USD 972 million), services (USD 537 million), trade (USD 432 million), energy sector (USD 431 million), machinery building industry (USD 324 million), metallurgy (USD 217 million) and wood and paper processing (USD 285 million).
The companies that registered the highest amount in investment projects, according to the Law no. 332/2001, in June 2005, are the following:
* Societatea Nationala de Radiocomunicatii SA, developing projects in the field of telecommunication, telegraphy and data transmission;
* MOBIFON SA invested in telecommunication projects;
* HOLCIM SA developing different investment projects consisting of building ecological concrete plants;
The direct investment with significant impact in the economy are defined by Law. No. 332/2001 as those investments with a value which exceed USD 1 million, made in the forms and ways provided by this law and which contribute to the development and modernization of the Romanian economic infrastructure, determine a positive spin-off effect in economy and create new jobs. Direct investment with significant impact on economy are allowed in all economic sectors with the exception of financial, banking, insurance and re-insurance, as well as the sectors regulated by special laws.