10 reasons why you should NOT invest in Romania
Although I’m born and raised in Romania, I’m almost sick and tired of watching and witnessing the things populared called “romanisme”. I made a list of 10 reasons that should keep you out of investing in my country, maybe in the near future the reasons beyond this article will change, but here’s the situation now.
1. Although the medium salary is around 1.000 RON (~300 EUR), if you will place an hiring ad on the market for a job that requires a lower salary than the medium one, you will hardly find youth people(18-25 yrs old) that will comply with your requirements and will be able to function within the job’s parameters. You will get CV’s and salary proposals from ppl without any experience asking you for 2-3 times the medium salary, although they don’t even know how to deal with the job requirements. If it’s an international job, you better go an hire Chinese, Africans or even Arabs, they will do the job more properly.
2. Be prepared to pay more than in European countries like Italy, France, Spain, UK for almost everything; even the legendary burger for Hard Rock Cafe costs in Romania 15$ compared with NYC 9-12$ price; be sure than you will pay more for everything, starting for the basic bread till the meat and every vegetable that you want to eat.
3. Remember, you have to stay in a store less than 10 minutes if you don’t want to buy something. If you stay more, the sale person will regard you with suspicion, going on the idea that you probably are a theft.
4. Don’t apply the American way here! You can’t make it your own way; you will be at the mercy of authorities, state or other persons that have higher ranks than you. Corruption is still a growing business and probably, if you decide to invest in Romania, you will have to pay for things that comes without any problem in democratic countries.
5. Prepare to be treated like dirt by state institutions and employees. Although most are public functionaires, they act and react as gods; they know everything that you can afford with your money and if you’re not willing to pay, than you will have to wait a couple of months for everything that can be solved within 5 minutes or on email. It will stay the same way until you’re exasperated, you address petitions to EU instances or courts; after that it might resolve everything.
6. Do you have a car? Well, don’t bring it here: we have the crappiest roads in Europe, and on a EU Road you will make about 9-10 hours to get from Timisoara (Western city) to Bucharest (Capital city) for about 550 km, but for the first 300km you will probably make about 7 hours if you want to travel by car; every country in Europe makes the better roads to West, we make them near East; did i mentioned that we have about 300 km of highway, but they are always under construction or on repair? and you will find them near Bucharest. Trains will take you within 8 hours for 550 km so, the medium speed should be around 70km / hour; compared with France’s TGV 350kmh …. sorry, cannot make that comparison.
7. We have beautiful and affordable girls, if you plan to have fun; but watch your pockets, credit cards and everything that has connection with money and your account. A night can cost you a lifetime savings sometimes.
8. Did you know that EU threats the E’s within the aliments, food and drinks carefully; we don’t. You can eat cancerigene food anywhere: hotels, restaurants, fast-foods (more than usual).
9. Justice is for money. Everything is right for you if you have money; if you don’t then you can die with the justice in your right hand, cause almost no court will give you a win in a case you clearly and undoubtely have the winning reason on your side. It’s not enough!
10. Everything works on relations: no public bidding will help your business if you don’t have connections to help you win; you have the chance to find and witness corruption in everything, from sports to media, and from politics to farmers and small state employees. If you’re a non-smoking person, there’s little chance to find a restaurant where you can eat without the cigarette smoke in your nose; If you’re a vegetarian, remember that there are 3-4 restaurants for you at each million ppl, so keep close to big cities: Bucharest, Timisoara, Constanta, Cluj, Brasov.
You don’t have to be sorry. just walk away; Romania is a beautiful country, but unfortunatly … the management sucks!
Update 10.2009: we have a prime-minister that is also the education ministry. His job, according to his words is NOT to take out the country out of the crysis. We have electronic engineers as agriculture minister, we have lawyers as monetary experts on Romanian National Bank, we have about 5 ministers that are in charge of 2 ministry, each of them. Corruption – we got it. Rotten politicians -we have them. Incompetent governance – say no more, we have it. Why would you put your money on a fixed lottery called Romania?







Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
You have some issues with Romania. I think that goes without saying.
It’s easy to point out the bad things about any country. How long has been since you’ve been back ?
If you hate a person or a system you shouldn’t identify a country with your hate feelings. Especially not the country you are born in…
I think there are wonderful things in Romania and there is no person that I’ve ever met here in US that would not go back today if they would have a similar life back home. Home for every each one of them is the place you hate and criticize.
I’m sorry you feel this way and I’m more sorry that you make it sound like the final and ultimate truth. There are many angles and you are free to say what you want but people might take it as good and this would really suck.
You don’t make a point about NOT investing in Romania but rather you people to stay away from Romania. Why? Most of the investors that pursued a business in Romania have doubled their money in a few months. Any where else would take a life time for the same returns.
I know you are probably not going to post my comment as I’m sure you had some other opinions shared with you after your post. I don’t care. This was just to let you know that blogs like this are hurting not only the country but also the people that could help change the exact things you hate.
I agree, for some countries is the people. But for Romania, the people in charge are doing everything to ruin it. Everything. Corruption is everywhere, from the small town 1$ to $1.000.000+ bribe, it’s on TV, on media, everywhere. People are rotten, they are ready to give up life long friendships over a glass of wine, there’s almost no trace of humanity in most of them.
I agree that Romania has God given landscapes and generally is a wonderful area to live in …. if you have no neighbors at all. I also agree that you can turn out 100% profit within a year, but that profit is taken because there’s no law or institution that can control your activities. There’s no active civil society organization and all the state employees are either incompetents, either don’t care about you, the person that comes with a problem that they can solve.
If people stay away from Romania, they won’t invest in it. If they invest, the bureaucracy will drive them mad. Or make them pay the corrupted people to get some things moving; papers, plumbing or anything else. Constant corruption on every level, that’s what Romania’s made for. You wanna succeed in this country? get yourself a million bucks, make a business with 100k and rest of 900k give it to the politicians as bribe for your business; they will return you the money, with 300% rate and propose you businesses for another 10-20 millions, with money taken from state budget, from EU or from funds that should modernize the country.
And yes, ofc I have issues with my country! Why? Because I’m ashamed today to call myself Romanian, I would be more happy to pass as some African country citizen. And like me are millions of Romanians.
If only more people could hear about this..
You have some issues with Romania. I think that goes without saying.
It’s easy to point out the bad things about any country. How long has been since you’ve been back ?
If you hate a person or a system you shouldn’t identify a country with your hate feelings. Especially not the country you are born in…
I think there are wonderful things in Romania and there is no person that I’ve ever met here in US that would not go back today if they would have a similar life back home. Home for every each one of them is the place you hate and criticize.
I’m sorry you feel this way and I’m more sorry that you make it sound like the final and ultimate truth. There are many angles and you are free to say what you want but people might take it as good and this would really suck.
You don’t make a point about NOT investing in Romania but rather you people to stay away from Romania. Why? Most of the investors that pursued a business in Romania have doubled their money in a few months. Any where else would take a life time for the same returns.
I know you are probably not going to post my comment as I’m sure you had some other opinions shared with you after your post. I don’t care. This was just to let you know that blogs like this are hurting not only the country but also the people that could help change the exact things you hate.
Such a usefule blog wow !!!!