September 18, 2018

TIAD – We believe Romania’s got strength and capacity to overcome the crisis

The TIAD –Turkish Businessmen Association in Romania, is an apolitical and non-profit organization set up in 1993 by Turkish investors and it acts like a connecting bridge between its members – Turkish strategic investors, and the fundamental institutions of the Romanian state, for the best collaboration, in all fields, to benefit both countries – Romania and Turkey. The Turkish businesspeople we represent hold an important weight in the trade between our countries, whose volume has exceeded USD 10 bln in 2010, and the members of our association and their companies are responsible for 93% of Turkish investments in Romania. According to Omer Susli, the president of the Turkish Businessmen Association in Romania, Turkish companies plan to invest USD 1 bln abroad, through average transactions between USD 50 M and 200 M, and most of the investments will be done in neighboring countries, especially in the Balkans. Omer Susli says that Turkish businesspeople are willing to invest in foreign countries, in sectors such as real estate, cement, construction materials and wood processing, food products and telecommunications.

Source: Nine o’clock (read more)

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