BUCHAREST (Romania), December 5 (SeeNews) – Romania is looking more and more promising to US investors thanks to its skilled workforce and business innovation, consultancy McGuireWoods said on Tuesday.
"We have been following the development of the country for years and Romania looks promising for U.S. investors with the largest GDP growth in the EU of 7% in the first nine months of 2017, a skilled labour market and a particular focus on innovation driven businesses. With the expansion of the local business community and more American investors interested in the country, we are confident that Romania is trending upward," McGuireWoods Consulting president LF Payne said, as quoted in a statement of the company.
McGuireWoods Consulting, the parent entity of McGuireWoods Romania, senior management is very high on the Romanian economy going forward, the company added.
McGuireWoods Romania recently marked its 10th year of providing public affairs and strategic communications consulting services to organizations and businesses operating in Romania and the region.
Throughout the past decade, McGuireWoods Romania served more than 130 clients with over 120 thousand employees, based on company estimates, including playing an integral role in luring international corporations such as Ford Motor Company and Smithfield Foods to the country.
Founded in 1998, McGuireWoods Consulting LLC is a full-service public affairs firm offering government relations, strategic communications & grassroots, and infrastructure and economic development services. McGuireWoods Consulting is a subsidiary of McGuireWoods LLP, a leading international law firm with more than 1,000 lawyers in 20 cities.