Only 5,600 groups of companies were locally-owned in Romania in 2012, while the number of multinational groups was six times higher, according to data from the National Statistics Institute INS. About 31,000 groups were controlled by companies from abroad, stats show.

Most locally-owned groups are made of two or three firms, while the majority of holdings in Romania are active in retail, manufacturing and constructions.

When ranked by the number of employees, the majority of the holdings in Romania are controlled by German shareholders – 18 percent, followed by Italian – 10 percent, and Dutch – 10 percent.

editor@romania-insider.com