An Asterisk PBX cares about three things from its host: clean UDP/5060 and RTP throughput, predictable latency to your trunk providers, and a jurisdiction that will not seize the box over a routing dispute. Romania sits inside the EU networking fabric so your SIP trunks to Frankfurt, London, and Amsterdam settle in 25-40ms one-way. The Bucharest IXP carriers also reach Istanbul, Sofia, and Kyiv inside a 30ms budget, useful if you serve Eastern European retail SIP users.
The legal posture is the second factor. Romania has no mandatory CALEA-style intercept obligation for non-licensed VoIP operators and the 2009 Constitutional Court decision (case 1258/2009) struck down blanket telecom data retention. You still owe lawful response to court orders, but routine traffic is not pre-archived by any operator.