Network Marketing in Romania

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Network marketing is developing steadily in all European countries and the Romanian market is no exception. Read the article about the peculiarities of the Romanian mentality, legislation and the nuances of promoting multi-level companies in this country.

ECONOMIC STATISTICS OF ROMANIA
Romania is an industrial-agrarian country with a relatively high student data level of development. Their economy is 13th in terms of GDP among EU countries and 7th in terms of purchasing power.

In the 20th century, the country experienced significant economic and political changes that affected the well-being of the state and its inhabitants. After the transition to a market economy in 1989, Romania experienced a deep economic crisis - traditional heavy industry could not withstand competition and a significant part of the population found itself below the poverty line. In addition, waves of emigration from the country followed, which worsened the situation.

It was in the 90s that Romania developed a relatively negative reputation as a very poor country, which, objectively speaking, is not the case these days - in the 2000s, the economy began to recover intensively, and in 2005-2007 they even received the title of “Balkan Tiger” for the rapid pace of development.

Romania now plays a strategic role in Eastern Europe as a major producer of electronics and automobiles, the poverty rate of the population is rapidly falling, and incomes are growing. As the country's attractiveness for investment is constantly increasing, as of 2016-2017, the Romanian economy was the fastest growing in the European Union.