“It is expected that Romania will absorb at least €50 million of resources we have for the region. We are already negotiating with five-six of the 10-15 companies we are eying,” said Dragan. The Global Finance official mentioned that “there are opportunities in virtually all sectors” due to the uncertain conditions facing the economy. The potential for regional expansion by companies could be more significant than the sector which they are part of. For instance, the Total Soft business plan stipulates regional expansion. Total Soft and Axigen are the only Romanian companies in GF’s portfolio. The company can invest some €500,000-700,000 in a company, through the Global Romania&Bulgaria Growth Fund and the South Eastern Europe Fund (SEEF).
Global Finance has been operating in Romania since 1996, with most important investments in MobilRom (now Orange), Orange, Sicomed (Zentiva) and the La Fourmi chain.
