Almost 60% of foreign companies activating on the Romanian market expect to witness improvements in the financial and economic performance activities of foreign companies in the last quarter of 2007. However, the level of foreign investment in Romania is expected to decrease, according to estimates provided by KPMG.

A KPMG study reflects the data given by the National Romanian Bank which indicates the fact that in the first eight months of this year, foreign direct investments decreased as compared to the similar period last year.

For most companies, personnel recruitment is still a priority and by the end of the year, the number of employees will steadily grow.

KPMG questions quarterly 100 international companies that activate in Romania, the majority of which are clients of KPMG Romania. The study follows their opinions on the investment climate, advantages and disadvantages when doing business in Romania, and their expectations regarding the future business environment in Romania.