Romania is enjoying growing FDI but regulatory risk and corruption remain hurdles for those who want to do business in the country. 

A pioneering Chinese, Kazakh and Romanian model partnership could dampen Europe’s dependence on Russian energy and reset Romania's relations with foreign investors

Romania’s new president, Klaus Iohannis, is leading a huge crackdown on corruption. While this move has been welcomed by investors and politicians, there are still numerous hurdles for the country to clear, including implementing proposals for fiscal reforms designed to boost growth and benefit business. Polly Botsford reports.

Manufacturing is the single largest business activity to attract FDI into Romania and has seen significant modernisation not only of legacy equipment and processes but also of attitudes. Investors believe, however, the country needs greater overall predictability and transparency. 

Global business process outsourcing is going from strength to strength, and while developed countries have dominated as sources of investment, developing countries are also starting to emerge.  

Romanian minister of economy Constantin Niță is confident that the country's political stability will allow it to build on its status as a manufacturing and energy powerhouse. 

Romania’s presidential election in November delivered a surprise victory for Klaus Iohannis, an outsider on an anti-corruption ticket. But as the country's economy shows signs of growth, concerns remain about its outdated infrastructure and uneven legislation

Investors are looking beyond Romanian capital Bucharest to cities such as Timisoara, Cluj Napoca, Brasov and Constanta, and finding growing economies, skills and business capacity.