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Bucharest ranks among top 25 European cities by FDI atractivness - fDi Intelligence

Bucharest ranks among top 25 European cities by FDI atractivness - fDi Intelligence Author: Stefan Jurca Licence CC BY 2.0

SOFIA (Bulgaria), February 16 (SeeNews) - Romania's capital Bucharest was ranked 15th among the 25 most promising European cities in terms of foreign direct investment attractiveness, fDi Intelligence, a service from the Financial Times, has reported.

Romania is also the only Southeast European (SEE) country on list of the top 25 European regions of the future, with Bucharest-Ilfov region placed 24th, according to fDi European Cities and Regions of the Future 2018/2019 publication issued earlier this week.

Data used for the rankings was collected for 489 locations under five categories - economic potential, labour environment, cost effectiveness, infrastructure and business friendliness.

Three SEE cities - Sofia, Bucharest and Zagreb, were included in a separate ranking in the report which gathers the top 10 major European cities in terms of cost effectiveness. Sofia placed second, highest in SEE, while Bucharest was fifth and Zagreb took 7th place.

In two other rankings - by business friendliness and human capital, Bucharest placed fourth and sixth, respectively.

Moldova's Chisnau and Romania's Iasi entered the top 10 most cost effective mid-sized European cities list. Macedonian capital Skopje, Bosnia's Bijeljina and four Bulgarian cities (Pleven, Ruse, Burgas, Plovdiv) were ranked among the 10 most cost effective small European cities.

According to the ranking, London is the most attractive destination for FDI, despite UK's decision to leave the EU.