Deputy Prime Minister Oana Gheorghiu says that “Romania has many strategies on paper”, but “it is more difficult to deliver”

Romania can gain significantly from attracting investments if it manages to improve its project implementation capacity, ensure predictability and reduce risks for investors, says Deputy Prime Minister Oana Gheorghiu, quoted by Agerpres.

At an event with experts from the financial field, Gheorghiu claimed that “for investors, strategies on paper are not the most attractive, and I think that Romania has many strategies on paper, we find it harder to deliver”.

In her opinion, stability, predictability and the role of the state to reduce risk are “some of the most important things for investors”.

Oana Gheorghiu claimed that in Romania “there is a lot of work”, but investments cannot be attracted otherwise.

“If Romania somehow manages to become a platform of stability and a platform that reduces risks and attracts investments, I think that in the next 10 years we will be able to win a lot”, added the deputy prime minister.

She said it's not just about manufacturing capabilities, but networking, interconnection and flexibility. “I think it is essential to make energy competitive for the Romanian market,” he added.

“Opportunity is knocking”

At the same event, Christina Verchere, CEO of OMV Petrom, said that Romania has an enormous opportunity to play an even more important role in the region in terms of energy.

“In Romania, the opportunity is knocking at the door. It is one of the countries with the lowest energy dependence. So the position is already top and then there is also the Neptun Deep project. We must take advantage of this opportunity that has arisen”, said Christina Verchere.