The Foreign Investors Council (FIC) board reelected Frenchman Eric Stab as president of the organization.

Eric Stab is the president and CEO of Engie Romania, one of the biggest gas distributors in Romania. He has been FIC’s board president since May 2015.

FIC members elected a new board of directors on May 10. The board includes the CEOs of some of the biggest companies in Romania as well as partners of Big4 consultancy firms.

The Foreign Investors Council (FIC) has 124 member companies whose cumulated investments in Romania represent approximately EUR 35 billion, about two thirds of the total foreign direct investment made since 1990. FIC’s main objective is promoting a sustainable economic growth, by improving the investment environment in Romania.

Every two years FIC publishes a White Book, incorporating the priorities for the Romanian economy, as identified by FIC members. The organization considers that Romania has the opportunity to take decisive steps to return to a path of substantial economic growth in the next years.

editor@romania-insider.com