Romania presents numerous opportunities for U.S. exporters. The country is highly welcoming of American products and services, and its strategic location offers access to the entire EU market and beyond. Romania’s energy independence, with only 28% dependence on energy imports compared to the EU average of 57%, is a significant advantage, especially in the context of the ongoing geopolitical tensions in the region. The defense and security sectors have seen increased interest and investment due to the war in Ukraine.
While Romania’s investment position has improved markedly in recent years, net flow of FDI to Romania was down 11% in 2024 at approximately $6.3 billion, with total FDI stock standing at $125 billion. The country’s highly skilled and affordable workforce, particularly in engineering, is a major draw for investors. The Romanian government is prioritizing digitization, with public tenders for migrating government functions and secure local data storage to the sovereign cloud, creating opportunities for US systems and service providers.
The U.S. Commercial Service Romania recommends the following sectors as best prospects for U.S. companies:
- Defense
- Energy
- Information and Communication Technology (ICT)
- Health
- Infrastructure