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The Foreign Investors Council Elects its Executive Officers

During its 12th General Assembly held in May, the FIC elected its new Board of Directors. At the first Board of Directors meeting on 3 June 2008, the Board elected its four Executive Officers. The newly elected executive team which will serve for the next twelve months consists of:

President Richard Moat CEO of Orange
Vice President Patrick Gelin President and General Manager of BRD Groupe Societe Generale
Vice President Mariana Gheorghe CEO of Petrom
Treasurer Gilbert Wood CEO of Hall, Dickler

The primary objective of the FIC is to foster dialogue between policy makers and investors to improve Romania's business environment and to support the process of adjustment to EU membership. The Board's primary goal is to increase the FIC's involvement and success as a lobbying organization. Although already recognized by the OECD as the most efficient lobbying organization of its kind in all of Central and Eastern Europe, the Board shall give increased consideration to the quality of its position papers and recommendations submitted to the Government. The FIC's success in achieving its objectives has validated it as a reputable partner for dialogue with decision makers.

The FIC's principal method of advancing its issues is via Task Forces involving volunteer specialists from FIC member companies. More than 150 professionals from 80 multinational companies contributed to the position papers developed by the Task Forces. This endeavor focuses on providing professional expertise and recommendations.

Each Task Force is chaired by one or two Board members who report back to the Board on the lobbying activities carried out by that task force.

The following Task Forces are currently in place:

  1. Taxation, chaired by Patrick Leonard (KPMG);
  2. Labor Market Flexibility, chaired by Veronica Savanciuc (Lowe) and Kurt Strohmayer (JW Marriott);
  3. Environment, chaired by Markus Wirth (Holcim) and Shachar Shaine (Tuborg);
  4. Corporate Governance & Legal, chaired by Gilbert Wood (Hall, Dickler) and Wilhelm Simons (PWC);
  5. Investment Legislation, chaired by Olivier Lluansi (Saint-Gobain Glass) and Patrick Leonard (KPMG);
  6. Agriculture and Regional Development, chaired by Jean Valvis (LaDorna);
  7. Energy, chaired by Mariana Gheorghe (Petrom) and Matteo Codazzi (Enel).
The Task Forces are actively involved in discussions with the executive branch of the government and, in some cases, with Parliamentary commissions. Increasingly, the Task Forces are consulted regarding draft proposals for legislation, ordinances and norms and are able to comment on them in advance of enactment, often providing useful recommendations based on the international experience of the FIC member companies.

Mr. Moat, as the new President, thanked Mr. Gelin for his outstanding contribution to the FIC during his two mandates as the FIC's President and stated that is a great honor for him to take over this position. Orange was one of the 24 founding companies that established the association back in 1997. The main themes Mr. Moat proposed for the Board to focus on were: to consolidate and expand the FIC's membership targeting the new large foreign investors in Romania, to approach new areas such as energy, to lobby the current Romanian decision makers, and to establish lines of communication with the EU especially on the allocation of available structural funds. Recently, Romania was ranked first in investment attractiveness in Central and Eastern Europe, and second in the larger region after Russia and followed by the Ukraine. This position needs to be maintained and the FIC will put efforts in this direction. Mr. Moat concluded by saying that he was looking forward to serve the association for the next 12 months.

In the future, the FIC will continue to play an important role in the dissemination of international expertise and best practice information from other EU countries.

From the FIC's perspective, the existence of a predictable, transparent and effective legal system based on the Rule of Law and the uniform enforcement of existing laws are essential to increase FDI in Romania which can improve the business environment and the sustainable economic growth of Romania.



The Foreign Investors Council supports the new Fiscal Code while considering its sustainability of utmost importance

Consiliul Investitorilor Straini sustine proiectul noului Cod Fiscal si considera ca viabilitatea lui este foarte importanta

24 de studenti si medici tineri au participat la cursurile MedClass, sustinute de Consiliul Investitorilor Straini

The FIC's Board of Directors elected its new executive management

Comitetul Director al FIC a ales noua conducere executiva

The Foreign Investors Council emphasizes the need to foster investments in the romanian energy sector

Consiliul investitorilor straini subliniaza necesitatea promovarii investitiilor în sectorul energiei din România

The tenth edition of the FIC White Book: Regaining Momentumia

Cea de-a zecea editie a Cartii Albe: Reconstruirea Increderii

12 experts in communication, ethics and management offers courses free of charge to Medical students and young physicians of Romania

12 experti in comunicare, etica si management le ofera cursuri gratuite studentilor la Medicina si tinerilor medici din Romania

Press Release - FIC Business Sentiment Index - April 2015_EN

FIC Business Sentiment Index - April 2015_RO

Propuneri prioritare FIC - AmCham de modificare a proiectelor de Cod fiscal si Cod de procedura fiscala

AmCham Romania si FIC saluta lansarea în consultare publica a proiectului de rescriere a Codului Fiscal si a Codului de Procedura Fiscala


AmCham Romania and FIC welcome the public consultation on the draft Fiscal Code and Fiscal Procedural Code


The Foreign Investors Council (FIC) - Event on the better functioning of public institutions


Consiliul Investitorilor Straini (FIC) despre imbunatatirea activitatii institutiilor publice


The Foreign Investors Council (FIC) - Business Sentiment Index


The tax on special constructions will have a significant adverse impact on Romanian business environment


Impozitul pe constructii speciale va avea un impact negativ semnificativ asupra mediului de afaceri din Romania


The Foreign Investors Council presented the results of a survey among SMEs in Prahova County


Consiliul Investitorilor Straini - FIC a prezentat rezultatele unui studiu în rândul IMM-urilor din judetul Prahova


The Foreign Investors Council (FIC) unveils its key proposals regarding Romania’s Energy Strategy


Consiliul Investitorilor Straini - FIC a prezentat propunerile membrilor sai privind noua Strategie Energetica a României


The Foreign Investors Council (FIC) - Transparency and Predictability of the Legislative Act


Consiliul Investitorilor Straini (FIC) despre transparenta si predictibilitatea actului legislativ


Foreign Investors Council (FIC) in dialogue about the measures for supporting the economic growth


Consiliul Investitorilor Straini (FIC) in dialog despre masurile de sprijinire a cresterii economice


Campania "De profesie: medic in Romania" a castigat Premiul European pentru Excelenta, la cea mai prestigioasa competitie europeana de comunicare


The approval of new taxes should be conditioned by a proper impact assessment and thorough consultation with the business environment


Introducerea de noi taxe trebuie conditionata de analiza de impact si de consultarea cu mediul de afaceri


Business Environment Calls for an Efficient Insolvency Regime (English version)


Mediul de afaceri solicita un regim al insolventei eficient, transparent si predictibil (Romanian version)


Romania in infringement (Romanian version)


Romania in infringement (English version)


FIC si AmCham atrag atentia asupra efectelor generate de unele masuri fiscale


FIC and Amcham underscore the effects of several fiscal measures, 1 October 2013


The FIC's Board of Directors elected the new executive management


Comitetul Director al FIC a ales noua conducere executiva


FIC has a new Board


FIC are un nou Comitet Director


The foreign investors council underlines the need to foster energy efficiency in Romania.


Consiliul investitiorilor straini: eficienta energetica trebuie sprijinita.


Consiliul Investitorilor Straini (FIC) in dialog despre stimularea absorbtiei fondurilor europene pentru investitii in infrastructura prin imbunatatirea sistemului de achizitii publice din Romania


Foreign Investors Council (FIC) in Dialogue about Stimulation of Absorption of European Funds for Investment in Infrastructure by Improving Public Procurement System in Romania

Foreign Investors Council (FIC) in Dialogue about Taxation and Future Developments

Consiliul Investitorilor Straini (FIC) in dialog despre fiscalitate si evolutiile viitoare

The Foreign Investors Council (FIC) is concerned about the recent evolutions on the political scene of Romania

The FIC's Board of Directors elected the new executive management

Consiliul Investitorilor Straini sublinieaza necesitatea promovarii investitiilor in sectorul energiei din Romania

The Foreign Investors Council emphasizes the need to foster investments in the romanian energy sector

Consiliul Investitorilor Straini despre problemele din Infrastructura

Institutiile publice ar putea deveni motor de crestere economica

Public Institutions May Become the Driver for Economic Growth

Foreign Investors Council Supporting Small and Medium-Sized Enterprises

Consiliul Investitorilor Straini lanseaza Cartea Alba si bilantul Programului de Crestere Economica

AmCham Romania si CIS pledeaza pentru modernizarea, rescrierea si actualizarea legislatiei fiscale

AmCham Romania and FIC Call for a Modern, Re-written and Updated Fiscal Legislation

The FIC's Board of Directors elected the new executive management

5 miliarde de euro in 3 ani - Potentialul de investitii al industriei romanesti de energie regenerabila

5 billion Euros in 3 years - The investment potential of the Romanian renewable industry

Consiliul Investitorilor Straini sprijina eforturile autoritatilor române În ceea ce priveste adaptarea legislatiei care guverneaza piata fortei de munca la conditiile economice actuale.

Consiliul Investitorilor Straini a prezentat "Actiunile Prioritare pentru Repornirea Economiei" la Conferinta Regionala Financiara si de Investitii pentru Sud-Estul Europei.

VAT rise should be followed by stimulus package to promote investment

Cresterea TVA ar trebui sa fie urmata de un pachet de stimulente pentru promovarea investitiilor

Foreign Investors Council Has a New Executive Team

Consiliul Investitorilor Straini a ales un grup reputabil de presedinti de companii in Comitetul de directie

The Foreign Investors Council elected a compelling group of CEOs as Board of Directors

Investitorii straini despre mediul de afaceri romanesc

Foreign Investors regarding the Romanian Business Environment


Investments in Renewable Energy - a Priority for the Foreign Investors Council

The priority for the Foreign Investors Council, fiscal stability

Stabilitatea fiscala este o prioriate pentru Consiliul Investitorilor Straini

Romanian Economic Forum: The business community requests concrete measures for economic recovery

Forumul Economic Roman: Comunitatea de afaceri cere masuri concrete de relansare economica

The Foreign Investors Council Elects its Executive Officers

Consiliul Investitorilor Straini Îsi alege noua echipa Executiva

The Foreign Investors Council Elects its Executive Officers

Noua echipa executiva a Consiliului Investitorilor Straini (FIC)

Twelfth Anniversary of the Foreign Investors Council

The Foreign Investors Council Celebrates its 11th Anniversary

FIC - Presidents of multinationals on Romania's accession to the European Union on January 1st, 2007

The Foreign Investors Council on the Draft Investment Law

The Foreign Investors Council Elects a New Board of Directors - english
04.05. 2006
Consiliul Investitorilor Straini alege un nou Consiliu Director - romana
04.05. 2006
The Foreign Investors Council and the Labour Code
01.07. 2005
The Foreign Investors Council Elects a New Board of Directors
13.05. 2005
The Foreign Investors Council welcomes the findings of the EC report regarding Romania
09.10. 2004
The Fiscal Environment for 2005 is designed to attract FD
18.06. 2004
The Foreign Investors Council Believes the New Law on Capital Markets is a Decisive Step Forward
The Government of Romania met with Top European Industrialists and members of the Foreign Investors Council

The Foreign Investors Council, the European Roundtable of Industrialists and the Government of Romania to Discuss EU Accession Progress

The Foreign Investors Council and the European Roundtable of Industrialists together with the Government of Romania will jointly assess the progress towards a functional market economy

The Foreign Investors Council Meets with Delegated Minister Sarbu to Discuss the Labor Code

Romania's Foreign Investors Council welcome the Government decision...
A new Board Team elected by the Foreign Investors Council

The Foreign Investors Council presents its latest...



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