A new Empire! Romania joins the largest country in the region?!
Posted on November 27, 2017 by Bboymitza84
It would be good for Romania and Poland to approach, in advantage of each other, before the world could turn their attention to them, the general manager of the Bucharest Stock Exchange (BVB), Ludwik Sobolewski, said in an editorial published on Sunday in the Polish daily Rzeczposlita, titled ' Two tigers from Eastern Europe ', quoted by agerpres.ro. According to Ludwik Sobolewski, Poland and Romania are the two largest countries in the region, both in terms of population and also GDP (measured by the purchasing power of the population).
Together, the two countries are a sizeable market, inhabited by nearly 58 million people, with only a few million fewer than in Italy (60.8 million), the UK (64.8 million) and France (66.4 million). Poland and Romania are also economically stable countries. ' With low inflation, with a relatively low public debt (Romania's public debt is only 39% GDP), with low interest rates and a relatively stable exchange rate, they offer a strong sense of security to foreign investors.
You can also add that these two countries have presented themselves well during the recent global crisis. Poland did not fall into recession, and Romania, successfully due to good policies, emerged from a deep recession, "considers Ludwik Sobolewski. According to BVB director, Poland and Romania are united not only through opportunities, but also by threats, the largest being the decrease of the population as a result of the diminishing of the birth and the phenomenon of economic migration. According to OECD data, in the countries of the so-called old Europe, there are currently over 2.4 million Romanian citizens and 1.8 million Poles.
Romania is increasingly appreciated by Polish businessmen. In 2014, Polish exports of goods and services in Romania amounted to around 12 billion zloty, up from seven billion zbils in 2010, which puts it at number 18 on the Polish export markets. Also, the balance of trade balance is a positive one for Poland,
Country which, in 2014, imported goods and services worth about six billion zloty. ' Romania is not only a large market that develops rapidly, close to new geographic and cultural, but it is also an ideal market for Polish exports. It is also a place of potential Polish capital investments, "argues Ludwik Sobolewski.
In the near future, the privatisation process should be accelerated and a number of companies are expected to enter the Bucharest Stock Exchange (BVB) with initial public offerings (IPO). The actions listed in the BVB are characterized by a ratio P/E = 11.4 and by an attractive interest, the highest in the region, to yields amounting to about 4.5% (data for July 2015). All this may be of interest to Polish investors. Sobolewski believes that Romania and Poland can and must be important economic partners. Both in the European Union and in NATO, there are countries with the longest borders with non-EU states.
Strategically, as the politician George Friedman notes, there are virtually no issues in dispute between them, and the tradition of collaboration is a lasting one. ' It is worth watching Romania not stereotyped, as a country that is not modern and culturally foreign to the Poles, but to see it as it is: increasingly modern and prosperous, providing opportunities for growth and business development across the average on a EUR scale Ovian.
There are few countries in the world where Poland is taken as a model of social and economic success, a model that inspires, being copied some of its elements. Polish entrepreneurs will appreciate this form of intangible capital, which facilitates business, "says BVB director. The Polish daily "Rzeczpospolita" is a partner at the Poland-Romania-Moldova Cooperation forum, which will take place on 17 September in Wroclaw.
Source: onlinereport.ro
