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Open AccessArticle

The Profile of the Foreign Investor in the Romanian Chemical Industry

1
Department of Finance, “1 Decembrie 1918” University of Alba Iulia, 510009 Alba Iulia, Romania
2
Department of Statistics and Econometrics, Bucharest Academy of Economic Studies, 010374 Bucharest, Romania
3
Department of Economics, University of Petroşani, 332006 Petroşani, Romania
*
Author to whom correspondence should be addressed.
Processes 2020, 8(3), 348; https://doi.org/10.3390/pr8030348
Received: 9 February 2020 / Revised: 10 March 2020 / Accepted: 11 March 2020 / Published: 18 March 2020
(This article belongs to the Special Issue Industry 4.0 and Sustainable Supply Chain Management)
The main aim of this study is to build the investor’s profile in the Romanian chemical industry and to highlight the factors that influenced the decision of investing in Romania rather than other Central Eastern European countries. The data collection was performed in June 2019 and the list of the 150 foreign companies from the chemical industry was obtained from The National Trade Register Office. Data used in this research were collected using a questionnaire. Dependent variable represents the probability of investing in Romania, with the option of the other Central and Eastern European countries as reference group. The main part of our analysis focus on this question: “Which were the reasons that made you decide invest in Romania?” For analysis, a number of six main classes are used: Infrastructure, labor force, Agglomeration factors, Knowledge, Market Size and Cost factors (as independent variables). Main results consist in the presence of three factors with a positive impact. The paper also highlights that the main advantage considered by a foreign investor in Romania is represented by the cheap labor force. As a secondary conclusion, companies are also interested in other factors that are mentioned in the paper. View Full-Text
Keywords: chemical industry; the investor profile; foreign direct investments (FDI); factor analysis chemical industry; the investor profile; foreign direct investments (FDI); factor analysis
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Iuga, I.; Danciu, A.; Drigă, I. The Profile of the Foreign Investor in the Romanian Chemical Industry. Processes 2020, 8, 348.

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