Bucharest-Ilfov Regional Development Agency
Key Competitive Attractions
Bucharest-Ilfov is composed of the city of Bucharest and the surrounding Ilfov region. The capital city of Romania, Bucharest is responsible for 21% of the nation’s GDP and approximately 25% of industrial production. This strong economic growth in recent years has seen the city revitalised and renewed with new infrastructure, and shopping and residential areas.
The primary sources of income in Bucharest are the services and industry sector, and the city serves as the headquarters of 186,000 companies. The city has the largest ICT and communications sectors in Romania, as well as the Bucharest Stock Exchange, which merged in 2005 with the Rasdaq.
The total population of Bucharest-Ilfov region is 2,281,860 of which 1,944,367 live in Bucharest itself. The region is 1,821 km sq, and is situated in the south-east of the country.
Assistance and Support For New Business Investors
The Regional Development Agency Bucharest-Ilfov (ADRBI) is a governmental institution established to promote the region and distribute EU structural funding. The Regional Development Council Bucharest-Ilfov is responsible for creating development strategies for the region. Both agencies assist investors in the region, more information can be found under funding and support.
