Romania is located in south-eastern Europe, bordering Hungary, Ukraine, Moldova, Bulgaria and Serbia. In 2012, the population was estimated to be around 21.4 million, making it one of the most populous countries in the region. Romania became an EU member state in 2007.
After Poland, Romania is the biggest country in the CEE region in terms of inhabitants, and healthcare funding comes largely through the National Health Insurance Fund. Healthcare provisions are predominantly managed by the state, although the private health sector is showing more potential and good growth rates. Government health expenditure is very low, even by Eastern European standards: Romania spends around 5.6% of its GDP on healthcare. Almost 90% of the Healthcare market is supplied by imports.
Romania has a average current growth rate of 11% and promises a future annual rate of about 12.5%. If you haven’t invested in Romania yet, you might consider it before other companies take your place.