GROWTH DRIVERS
Main sectors in BucharestThe main sectors that have driven the Bucharest economy in recent years are: trade, transportation & logistics, technical and professional services (especially BPO), and IT&C. Energy, technical and professional services and financial services have registered the most dynamic growth in recent years. Main exports include: mechanical products and parts, electrical and electronic equipment, agri-food products (especially cereals, seeds and tobacco products) and fuels. Bucharest, is however, the largest exporter of services in Romania, especially in the IT&C and BPO sectors.
GROWTH DRIVERS
Main sectors in BucharestThe main sectors that have driven the Bucharest economy in recent years are: trade, transportation & logistics, technical and professional services (especially BPO), and IT&C. Energy, technical and professional services and financial services have registered the most dynamic growth in recent years.
Main exports include: mechanical products and parts, electrical and electronic equipment, agri-food products (especially cereals, seeds and tobacco products) and fuels. Bucharest, is however, the largest exporter of services in Romania, especially in the IT&C and BPO sectors.
The structure of the gross added value generated in Bucharest-Ilfov in 2015, by major economic sector
Source: Romania National Statistics Institute
The structure of the gross added value generated in Bucharest-Ilfov in 2015, by major economic sector
Source: Romania National Statistics Institute
Change in the gross value added between 2007 and 2015, by major economic sector
Source: Romania National Statistics Institute
INVESTMENT OPPORTUNITIES
Sector 5 offers some of the best investment opportunities in Bucharest right nowOf the six sectors that make up Bucharest, Sector 5 is the least developed. In 2017, Sector 5 generated only 5% of all firm revenues generated in Bucharest, with the best performing Sector, Sector1, generating 10 times as much as Sector 5.
At the same time, Sector 5 offers some of the best investment opportunities in Bucharest right now. It has some of the largest un-developed land reserves, relatively close to the city center, and it has a strategic and contiguous piece of land, with a surface of around 110 hectares, and largely in public hands – the Antiaeriana Area. This will be one of the prime investment sites in Bucharest in the years to comes.
INVESTMENT OPPORTUNITIES
Sector 5 offers some of the best investment opportunities in Bucharest right nowOf the six sectors that make up Bucharest, Sector 5 is the least developed. In 2017, Sector 5 generated only 5% of all firm revenues generated in Bucharest, with the best performing Sector, Sector1, generating 10 times as much as Sector 5.
At the same time, Sector 5 offers some of the best investment opportunities in Bucharest right now. It has some of the largest un-developed land reserves, relatively close to the city center, and it has a strategic and contiguous piece of land, with a surface of around 110 hectares, and largely in public hands – the Antiaeriana Area. This will be one of the prime investment sites in Bucharest in the years to comes.
The dynamic and structure of exports (FOB) for Bucharest-Ilfov, between 2011 and 2017
Source: Romania National Statistics Institute
Firm revenues, number of employees, and resident population in the 6 sectors of Bucharest
Source: Romania National Statistics Institute
Firm Revenues in 2017 |
Number of employees in 2017 |
Resident population in 2011 |
|
SECTOR 1 |
$50,573,197,026 |
345,435 |
225,453 |
SECTOR 2 |
$23,932,112,549 |
233,096 |
345,370 |
SECTOR 3 |
$13,608,661,464 |
134,712 |
367,760 |
SECTOR 4 |
$9,877,562,403 |
138,009 |
385,439 |
SECTOR 5 |
$6,570,913,405 |
82,750 |
287,828 |
SECTOR 6 |
$5,711,850,704 |
80,284 |
271,575 |
Firm revenues, number of employees, and resident population in the 6 sectors of Bucharest
Source: Romania National Statistics Institute