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Foreign Investors Council

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The Foreign Investors Council (FIC) is a Romanian non-profit business association representing major foreign investors and advocating for a better investment climate.

Last updated September 26, 2026

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Overview

The Foreign Investors Council (FIC), known in Romanian as Consiliul Investitorilor Străini (CIS), is a non-profit association based in Romania that brings together the country's largest foreign investors. Founded in 1997, the organisation serves as a platform for dialogue between the business community and Romanian authorities, with the aim of improving the business climate and supporting Romania's economic development and its integration into the European Union. According to its Romanian Wikipedia entry, the FIC has over 110 member companies whose combined turnover represents approximately 26% of Romania's GDP, and these members employ around 180,000 people nationally. The FIC is not a commercial company but a membership-based advocacy group. Its activities centre on producing policy recommendations, analyses and publications that are shared with government authorities. Its flagship annual publication, the White Book, compiles recommendations across fields such as foreign direct investment (FDI), taxation, energy, human capital, environment and sustainability, digitalisation, and macroeconomics. Other recurring outputs include the Business Sentiment Index, reports on foreign direct investment in Romania, analyses of the energy sector with a focus on gas and power, and studies on the fees and taxes paid by FIC member companies and their employees. The council also runs projects and initiatives such as 'Va urma Romania, what does your future look like?' and publishes position papers and press releases on a regular basis. It maintains a Board of Directors and a daily newsletter, and its website lists member companies and various publications. Through these activities, the FIC positions itself as a key interlocutor for policymakers and a representative voice of the foreign investment community in Romania.

History

The Foreign Investors Council (FIC) was established in 1997 as a non-profit association in Romania. Its creation came during a period when Romania was transitioning to a market economy and seeking to attract foreign investment, and the organisation was set up to represent the interests of major foreign investors operating in the country. From its early years, the FIC pursued a mission of facilitating dialogue between relevant decision-makers and investors to improve the business climate in Romania and to assist the country in its process of accession to the European Union. Over the decades, the FIC has grown into a substantial membership organisation. According to its Romanian Wikipedia entry, it now has over 110 member companies whose combined turnover is approximately 26% of Romania's GDP, and these companies employ around 180,000 people nationally. The council produces a range of publications and analyses, including the annual White Book, which summarises recommendations for authorities in fields such as FDI, taxation, energy, human capital, environment and sustainability, digitalisation, and macroeconomics. Other recurring outputs include the Business Sentiment Index, reports on foreign direct investment in Romania, energy sector analyses focusing on gas and power, and studies on the fees and taxes paid by FIC member companies and their employees. The FIC also engages in projects and maintains a Board of Directors, issues press releases and position papers, and publishes a daily newsletter. Its website serves as a hub for these activities, listing member companies and making publications available. Through its ongoing advocacy and research, the FIC has become a recognised interlocutor for Romanian policymakers on economic and investment matters.

  • 2025

    White Book 2025 and 'Fees and taxes paid by FIC member companies and their employees in Romania 2025 edition' published.

  • 2024

    Publication of 'Foreign Direct Investment in Romania 2024 edition' and 'A long-term vision for a prosperous country' (April 2024).

  • 2024

    Business Sentiment Index September 2024 released.

  • 1997

    Foreign Investors Council founded in Romania as a non-profit association.

Products and positioning

A representative voice of foreign investors in Romania, facilitating dialogue with authorities to improve the business climate.

  • White Book 2025

    A summary of recommendations for authorities in various fields - FDI, taxation, energy, human capital, environment and sustainability, digitalization, and macroeconomics.

  • Business Sentiment Index September 2024

    A periodic index measuring business sentiment.

  • Foreign Direct Investment in Romania 2024 edition

    A report on foreign direct investment in Romania.

  • A long-term vision for a prosperous country (April 2024)

    A publication outlining a long-term vision.

  • Fees and taxes paid by FIC member companies and their employees in Romania 2025 edition

    A study on the fiscal contribution of FIC members.

  • FIC Analysis - Romania Energy Sector Analysis with a Focus on Gas and Power

    An analysis of the Romanian energy sector.

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