Financial Products
Romania became a member of IFC in 1990. As of December 2008, IFC has committed over $948 million of its own funds and has arranged nearly $385 million in syndications. IFC's investments in the country has supported projects in key sectors such as general manufacturing, oil & gas, infrastructure, health & education, telecommunications, and financial markets.
Advisory Services
Since advisory work began in Romania in 1994, the portfolio has included programs across all sectors, from banking to machinery production and health care, to large-scale privatization programs in infrastructure. IFC has also assisted the Government of Romania with enabling environment studies leading to progress in reform of the pension system and the development of a secondary mortgage bond market. More on advisory projects in Romania.
IFC's Changing Role
IFC’s role in Romania is changing in light of the country's accession to the European Union and the growing availability of private financing. IFC will focus on the regions, sectors, and projects where IFC’s developmental role is crucial and for which private financing remains limited, emphasizing socially and environmentally sensitive sectors. More on IFC’s strategy in EU accession countries.
