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Buletin de afaceri România-Suedia Business Bulletin Rumänien-Sverige Romania-Sweden business newsletter Nr. 07/Septembrie 2015 Nr. 07/September 2015 No. 07/September 2015 BPCE Stockholm, SUEDIA Handelskontor Rumäniens i Stockholm, Sverige Trade Office of Romania in Stockholm, Sweden 36, Ostermalmsgatan, 10041-Stockholm; tel: +46 8 102858; email: [email protected]
Transcript

Buletin de afaceri România-Suedia Business Bulletin Rumänien-Sverige

Romania-Sweden business newsletter Nr. 07/Septembrie 2015 Nr. 07/September 2015 No. 07/September 2015

BPCE Stockholm, SUEDIA Handelskontor Rumäniens i Stockholm, Sverige Trade Office of Romania in Stockholm, Sweden

36, Ostermalmsgatan, 10041-Stockholm; tel: +46 8 102858; email: [email protected]

Business Newsletter Romania-Sweden Facts about Romanian Economy

Economic evolutions in Romania

Industry: In 2014, the industrial production increased by 6.1%, compared to the previous year. Increases were registered in manufacturing (+7.5%) and in mining and quarrying (+1.0%). Electricity, gas, steam and air conditioning production and supply registered a decrease by 4.7%. By broad industrial groups, increases were registered in capital goods industry (+11.4%), in durable goods industry (+8.6%), in intermediate goods industry (+3.9%) and in current use goods industry (+3.2%).

Trade and services: During 2014, compared to the previous year, the turnover volume of enterprises having as main activity retail, except motor vehicles and motorcycles, registered an increase of 7.0%.

Tourism: Arrivals in the tourist reception establishments registered a growth of 6.6% in 2014, compared to 2013.

International trade in goods: In 2014, FOB exports amounted to EUR 48659.5 million, their value being by 6.5% higher than in the previous year, calculated based on the values expressed in EUR. In the structure of exports, three out of the 10 sections of goods in the Standard International Trade Classification (SITC Rev. 4) account for 74.4% of total exports (eg.: machinery and transport equipment 42.2%, manufactured products mainly classified by raw material 16.6% and miscellaneous manufactured articles 15.6%).

In 2014, CIF imports amounted to EUR 53963.5 million, their value being higher than in the previous year with 6.0%, based on the values expressed in EUR. In the structure of imports, four of the 10 sections of goods in the SITC Rev. 4 account for 79.8% of total imports (eg.: machinery and transport equipment 35.3%, manufactured products mainly classified by raw material 21.4%, chemicals and related products not-elsewhere specified 13.7% and miscellaneous manufacture articles 9.4%).

In 2014, the trade deficit amounted to EUR 5304.0 million in FOB/CIF prices, EUR 91.7 million higher than in the previous year. The value of intra-community exchanges of goods during was of EUR 34661.4 million for deliveries and EUR 40650.1 million for inputs, representing 71.2% of total exports and 75.3% of total imports.

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 2/17

Source: National Institute of Statistics www.insse.ro

Business Newsletter Romania-Sweden Facts about Romanian Economy (cont.)

Bilateral Trade Romania - Sweden

• The 2015 continued the positive trend of increasing bilateral trade, that reached in 2014 a total figure of 7.000,38 million SEK, 57% more than the level of 2010. We may highlight the strong growth of the bilateral trade in the last five years, in spite of the problems of the international crisis that started in 2008.

• It is noteworthy that the trade growth was due to the increase of both exports and imports, for the two parts, and this is why we have a balanced trade with significant prospects for growth and diversification. Romanian exports in relation to Sweden increased with 100,8% during the last five years and the import of Swedish products raised by 14% in the same period of time. In 2014, bilateral trade balance was favorable to the Romanian side with a total balance of 1.867,20 million SEK.

• During the first seventh months of 2015 the total bilateral trade was 3708 million SEK, 11% less than the same period of 2014. The Swedish export was 1527 million SEK, 11% more than in 2014, and the Romanian export to Sweden was 2181 million SEK, 22% less than the last year. The bilateral trade is keeping a favorable balance, of 654 million SEK, on the Romanian side, for the period January-July 2015. The bilateral trade figures of 2015 are in correlation with the trend of diversification of the economic relations between Romania and Sweden.

Evolution of Trade between Romania and Sweden (million SEK)

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 3/17

2010 2011 2012 2013 2014 2014/2010

Export 2.207,95 2.562,85 2.987,54 3.665,91 4.433,79 +100,8%

Import 2.247,70 2.309,47 1.941,42 2.187,40 2.566,59 +14,0%

Total 4.455,65 4.872,32 4.928,96 5.853,31 7.000,38 +57,0%

Balance -39,75 +253,38 +1.046,12 +1.478,51 +1.867,20

Business Newsletter

Romania-Sweden Economic & Financial News from Romania

Foreign Investors Summit revs up economic engines for debate and development

Sustainability and competitiveness are in focus during the event, linking all industries in a joint effort to pursue sustainable development, to provide solutions, to connect businesses, ideas and people.

Foreign Investors Summit discusses six major industry engines of the Romanian economy: IT&C, auto, infrastructure, agriculture, energy and real estate, debuting with an opening conference where representatives of the state will discuss Romania’s competitiveness in the EU, the new tax code and about Romania’s potential to attract new investments. Each day includes a session of general debate and panel discussions focused on topics specific to each industry.

The event is open to public and private sector representatives, decision makers in companies, entrepreneurs, representatives of embassies, foreign investors communities and all those who want to develop their business and connect to an audience of top business. The first edition of the Foreign Investors Summit has hosted over 600 participants from all sectors and fields, 14 international communities, over 50 C-level speakers, with debates on over 40 topics of interest.

Here are some of the speakers who will be present at the 2015 edition of the Foreign Investors Summit: Ionut Dumitru - chief economist at Raiffeisen Bank, Anamaria Mihaescu - regional manager at IFC, Eric Stab - president of Foreign Investors Council, Dan Visoiu - partner at BAC Romania, Nicolas Maure - general manager of Dacia Renault Romania, Anca Hociota - manager of membership services and vocational training at AHK Romania, Iulian Matache - minister at the Ministry of Transport, Catalin Homor - investment and public procurement manager of Metrorex, Daniela Nemoianu - executive partner and head of advisory at KPMG, Ricardo Gent - chair of the national council associations of Europe Bio, Zmelik Martin - CEO of CEZ Romania Group, Daniela Lulache - CEO of Nuclearelectrica, Adrian Erimescu - Co-founder and CEO of Imobiliare.ro, Ovidiu Sandor - entrepreneur.

For more details about the summit, including registration online, visit the website: http://summit.business-review.eu/ or directly contact the organizer, Business Review ([email protected] , +4031 040 09 31).

Table of contents

Facts about Romanian Economy Bilateral Trade Economic & Financial News Business opportunities International events Facts about Romania Useful contacts

Pg. 4/17

Foreign Investors Summit, Business Review’s flagship event and one of the most important Romanian business forums, will be held between October 26 and 28 at Bucharest World Trade Center hotel. For three days, Bucharest will become a hub of business discussing major economic and social aspects of Romania, investment opportunities and business development in an environment inspired by some of the most famous names in economy.

Business Newsletter

Romania-Sweden Economic & Financial News from Romania (cont.)

Romania’s budget surplus reaches 0.92 percent of GDP in August 2015

The consolidated general government revenues totaled RON 150 billion, representing 21.4 percent of GDP, 9.7 percent higher in nominal terms compared to the same period last year, while its share in GDP was 0.9 percentage points higher.

Compared to the same period last year, there were increases in VAT receipts (up 15 percent), income tax (13.5 percent), profit tax (11 percent), non-tax revenues (18.5 percent) and excises (8.2 percent). Receipts from social insurance contributions decreased by 1.5 percent over the previous year, influenced by the reduction by 5 percentage points due to the state by employers’ contributions, but also the increase in contribution paid to the private pension funds (Pillar II ) by 0.5 percentage points in 2015 compared to 2014. Compared with the same period in 2014, the revenue in the segment of local governments increased for taxes on property (3 percent), taxes on use of goods (by 6.2 percent) and non-tax revenues (2 percent).

The consolidated budget expenditures, amounting to RON 143.6 billion, increased in nominal terms by 3.8 percent compared to the same period of the previous year, but decreased by 0.3 percentage points to GDP.

A significant reduction was recorded for interest costs (down 7 percent), due to the seasonality of payments and falling yields on government securities. In parallel, there has been a significant increase of 36.8 percent over the same period last year, on expenses incurred for projects funded by external grants. The amount of capital expenditures, including capital expenditures and the related development programs financed from internal and external sources, was RON 15.1 billion, the equivalent of 2.2 percent of GDP, in nominal terms 7.4 percent more than the same period last year.

Table of contents Facts about Romanian Economy Bilateral Trade Economic & Financial News Business opportunities International events Facts about Romania Useful contacts

Pg. 5/17

Romania’s Ministry of Public Finance (MFP) registered a budget surplus of RON 6.5 billion (EUR 1.47 billion) at the end of eight months of 2015, the equivalent of 0.92 percent of GDP - against a deficit of RON 1.6 billion (EUR 362.6 million), the equivalent of -0.24 percent of GDP at the end of the same period of 2014, the MFP announced.

Business Newsletter

Romania-Sweden Economic & Financial News from Romania (cont.)

Romania is logistics investment hotspot, CBRE says

Within the region, industrial investment has also picked up speed, accounting for up to 20 percent of total investment volume (in 2014 and 2015), compared to just 7 percent during boom period 2006 – 2008.

Investors from Czech Republic and US dominated the Romanian logistics investment market this year, with contributions coming only from foreign investors. The currently announced major transactions include CTP Invest’s purchase of Prologis Park Bucharest for around EUR 40 million and also the purchase of Bucharest West for around EUR 70 million, both in the Bucharest market. The Czech developer/investor has become the main actor in the Romanian market with more than 350,000 sq m from the total industrial and logistics spaces. In terms of site selection developers’ focus remains on investment-grade property in good to excellent locations with a good mix of tenants and including further development land.

The investment market outlook remains favourable as the strong pick up of tenant demand and the resulting drop in vacancy rates combined with yields that remain amongst the highest in Europe, will continue to attract investor demand. Currently several large foreign investors are considering entering the market. With only few income producing assets available for sale, the focus is expected to shift towards the acquisition of sites with development potential for logistics or manufacturing.

“The European industrial property sector is going through a consolidation process with players either picking up smaller players and/or individual assets in order to gain market dominance, or exiting markets where they can’t achieve critical mass. As a consequence significant yield compression was seen in markets such as Poland and the Czech Republic. Romania, which remains one of the least concentrated markets in the region, with no player having a market share in excess of 10%, and also is one of the cheapest markets, increasingly looks favourable to such those actors that want to expand their regional or European portfolios. Romania is also attractive thanks to the significant improvements in the occupational sector with both manufacturing and retail growing rapidly, demand for space is accelerating” - Gijs Klomp, head of capital markets.

“The market is going through an intense transactional activity from an occupier point of view. As “traditional” markets, like Bucharest, Cluj Napoca, Timisoara have limited large-size readily available space, new hubs appear on the map, like Iasi, Deva and Targu Mures. With demand on the rise and developers interested to start working on speculative developments and / or tailor made projects, investors will follow lead and continue to drive the investment market” - Dana Bordei, head of industrial agency.

Note: * - CBRE Group is a well-known commercial real estate services and investment firm headquartered in Los Angeles.

Table of contents Facts about Romanian Economy Bilateral Trade Economic & Financial News Business opportunities International events Facts about Romania Useful contacts

Pg. 6/17

Interest in the industrial sector remained firm throughout the first 8 months in 2015, the Romanian investment market’s enthusiasm for warehouse and logistics properties resulting in a total investment volume of EUR 260.6 million, according to a CBRE* analysis. This was a national record reaching seven times higher compared to last year’s total industrial investment volume.

Business Newsletter

Romania-Sweden Economic & Financial News from Romania (cont.)

EY: Romanian managers are confident in the growth of their business

The survey called “A New Vision of Growth” interviewed business leaders from various industries.

Approximately 40 percent of the leaders of companies interviewed as part of the survey are estimating significant double-digit growth of their business this year, between 10 percent and 31 percent. However, 27 percent of these companies estimate only a moderate growth in turnover, between 5 percent and 10 percent.

Also, 55 percent of executives who answered in the survey are confident or very confident in the positive economic evolution of the country.

As far as the profit of their company is concerned, 35 percent of the interviewed business leaders estimate that it will grow by 10 percent this year and only 12 percent of them expect a decline in profitability in 2015.

The investments this year are also growing at a smaller pace, as the end of the year is closing in. Thus, only 27 percent of respondents forecast a 10 percent growth in investments, compared to 36 percent who believed that at the start of the year. Business leaders in production, constructions, real estate and transports are the most optimistic regarding this issue.

Like in the case of investments, estimations regarding team growth are also seeing a decline, compared to February 2015. However, 58 percent of respondents are still expecting growth in the number of employees, though smaller compared to the start of the year.

At the start of the year, 87 percent of the companies estimated that they would give a raise to their employees, and this percentage stays strong even now, as 80 percent of respondents believe there is still room for growth until the end of the year.

The EY Romania survey interviewed 328 business leaders from various industries. 14%of respondents come from companies with a turnover higher than EUR 50 million, 10% from companies with a turnover between EUR 1 million and EUR 10 million while 38% from companies with less than EUR 1 million turnover. 72% of companies are Romanian while the rest of 28% are subsidiaries . The survey was carried out between July 16 and August 17, 2015. [EY Romania is a member firm of Ernst & Young Global Limited - a global leader in assurance, tax, transactions and advisory services.]

Table of contents Facts about Romanian Economy Bilateral Trade Economic & Financial News Business opportunities International events Facts about Romania Useful contacts

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Business leaders in Romania are confident that their business will grow this year, as well as having faith in the overall positive trend of the economy - according to a new survey published by EY Romania.

Business Newsletter Romania-Sweden Business opportunities

- Romanian Companies interested in the Swedish market

TITAN MAŞINI GRELE S.A. a YARED Group Co.

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 8/17

For nearly 40 years, Titan Masini Grele (TMG) has been the technological centerpiece of the well known Romanian machine tool industry. Experts from within the family of The Yared Group have dedicated their skills and knowledge to the betterment of TMG. From 1997, they have integrated 6 separate Romanian companies into one that offers true value to customers.

TMG’s nearly 60,000 square meters houses manufacturing space for fabrication and heat treatment, machining and assembly, office space for engineering, quality control and administration. It serves as the manufacturing facility for Yared Group’s machinery products (Titan TMG machine tools and McNeil & NRM tire machinery) and provides valuable contract manufacturing services to customers worldwide (France, Germany, USA, India, China, Austria, Sweden, Russia, Italy, etc.).

Contact: Mr. AHMED ABOU EL NASR – General Manager

250 Basarabia Blvd., Bucharest, Romania e-mail: [email protected] Phone: +4021.255.07.68/69; Fax : +4021.255.51.29 Web Page: www.titan-tmg.com

PRODUCTS of TMG:

• Vertical turning and boring mills (eg. standard features: G.E. Fanuc CNC for the USA market -Siemens, Heidenhain, manual/DRO optional; Parker, Rexroth or Vickers hydraulic units; & more several options, as automatic tool changers.)

• Horizontal boring and milling machines (Ceruti, Scharmann, Pama, Innse and Toshiba encouraged the design and manufacture of TMG horizontal boring and milling machines. TMG adopted modular concepts that facilitate now custom design.)

• Gantry milling machines (TMG offers a full line of large, CNC gantry type milling machines, available with traditional floor plate and mobile gantry, as well as special gantry mills with integral turntable providing heavy duty turning capabilities.)

• Rebuilding, modification and CNC retrofitting of large machine tools (commonly performed by TMG with high accuracy machining of critical parts such as guideways, gears, and reducer housings.)

TMG’s sizable welding department can TIG, MIG, stick, submerge arc weld and silver solder, handling weldments up to 20 tons, with Lloyd’s certified welders and modern, brand-name equipment. TMG currently operates more than 280 machine tools and continues to add to an impressive background of electrical and mechanical assembly experience.

Quality: TMG is certified ISO 9001, operates its own metallurgical lab, utilizes computerized scheduling and has dedicated QC personnel stationed throughout the plant. “TMG manufactures what you want, when you want it! When it comes to contract manufacturing, the customer dictates quality!”

Business Newsletter Romania-Sweden Business opportunities (cont.)

- Romanian Companies interested in the Swedish market

HEXIPHARMA Co.

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 9/17

Hexi Pharma Co. is the largest manufacturer of antiseptics and disinfectants in Romania. The company has an extensive experience of over 20 years, its major customers being the main actors in the healthcare system (hospitals, clinics, laboratories and dental centers) and also customers from various industry sectors (pharmaceutical companies, beauty centers, schools, restaurants, hotels etc.) and individual consumers. Hexi Pharma products cover the entire range of disinfectants that are used in a large hospital or in a small clinic.

Hexi Pharma products are registered by the Romanian Ministry of Health being tested regarding skin tolerance and irritability and have CE marking. Their efficacy was demonstrated through a series of tests made according to European Norm EN14885. Applying the quality standard in all activity is declared as a permanent concern of the company (certified ISO 9001:2008,ISO 14001:2005,ISO 13485:2004)

Hexi Pharma’s goal is to be „your ally in disinfection”!

Contact: 14 Goga Octavian Blvd., M61 block, Ground floor, Bucharest – 309839, Romania Sales Department: [email protected] Marketing Department: [email protected] Phone: +4021.323.00.32; Fax : +4021.323.00.33 Web Page: www.hexipharma.com

PRODUCTS of HEXIPHARMA:

antiseptics for hands and skin, including healthy skin and wounds, for mucous membranes, solutions for surgical disinfection and disinfectant products for instruments, medical equipment, surfaces and air disinfection (e.g., products for

decontamination of reusable medical devices such as flexible endoscopes and ultrasound probes, cleaning and disinfection of surfaces in the patient environment, clinical areas, equipment and decontamination of body fluids, including operating rooms).

Business Newsletter Romania-Sweden Business opportunities (cont.)

- Romanian Companies interested in the Swedish market

S.C. EUROCAS Srl

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 10/17

Contact: Str. Buziasului, no. 36J, LUGOJ – 305500, ROMANIA Tel: +40 256 350267 Fax: +40 256 350268 E-mail: [email protected] Site: www.eurocas-international.com

EUROCAS is active on the European pastry and confectionery market since 1994, producing and distributing top level quality ingredients to customers who share the passion to produce perfect pastry and confectionery products: great taste & elegant design.

The production was focused in the beginning in the area of vegetable fats processing, based on the experience of two generations of specialists, offering to the global market high standard of vegetable margarines and vegetable whipping creams. The next development step came naturally, by widening the production program with new ranges of products, in the area of ready to use creams and cocoa based products for pastry and confectionery.

The EUROCAS mission now is: “to be present on the global market with a full range of top quality ingredients for pastry and confectionery, through the Eurocas export partners from every country, by the side of customers who share the same philosophy about quality and responsibility, as we do. To help customers give the best value to the money invested in the Eurocas ingredients, through recipes, technological flow and practical tips.”

Technology Automatic production lines, with computer control dosage of raw materials, reduce drastically the risk of human error during the production flow and ensure the same high quality level of the Eurocas products, every day. The stored data of each production batch give power of control to the traceability systems implemented in the daily production. The quality is always controlled under procedures ISO Quality Management System. Products From fluffy Danish pastry to elegant anniversary cakes, from an endless variety of filled mini tarts to a complete range of filled puff pastries, freshly baked or frozen, all is possible to be produced at the highest quality standard in your pastry or confectionery unit, with the Eurocas products.

Business Newsletter Romania-Sweden Business opportunities (cont.)

- Privatization Offer of Romanian Companies

S.C. SANEVIT 2003 S.A.

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 11/17

(p. 1/2)

Business Newsletter Romania-Sweden Business opportunities (cont.)

- Privatization Offer of Romanian Companies

S.C. SANEVIT 2003 S.A.

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 12/17

(p. 2/2)

Business Newsletter Romania-Sweden International Fairs & Exhibitions in Romania

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg.13/17

For more details, open the link: www.expoplast.ro

MADE IN ROMANIA – TOGETHER FOR YOUR BUSINESS

Between the 14th and 17th of October 2015,

ROMEXPO S.A. in partnership with

the Chamber of Commerce and Industry of Romania

will organize the first edition of MADE IN ROMANIA – TOGETHER FOR YOUR BUSINESS. For more details, open the link: http://www.expo-fabricatinromania.ro/home/

This "ambassador" exhibition for Romania and Republic of Moldova will present to foreign and Romanian investors high quality products, recognized and appreciated both nationally and internationally.

The newest exhibition concept for the fairs and exhibitions market in Romania, aims to create a common platform under an integrated identity, in order to promote local products, supporting local businesses competitiveness, small business development and creating new business opportunities, by interaction with representatives of associations and public authorities.

The thematic of the exhibition is: automotive; • furniture; • food; • clothes, shoes, leather goods, accessories; • packaging; • electronics and appliances; • IT&C, software; • alternative medicine and pharmaceuticals; • construction materials; • cosmetics and body care; • tourism in Romania; • institutions, services, mass-media.

Are you a Businessman, entrepreneur, investor; Development Manager/New Business; Chief investment officer; Head of purchases; Sales and distribution agent; Commercial attaché? Then you are expected at MADE IN ROMANIA - TOGETHER FOR YOUR BUSINESS to make „live business”! CONTACT: Commercial Director Delia Botan - Tel.: +40 212025705, Fax: +40 212025726, E-mail: [email protected]

Visiting hours: • October 14th -16th , 2015, between 10 am – 6 pm • October 17th, 2015, between 10 am – 4 pm

Business Newsletter Romania-Sweden International Fairs & Exhibitions in Romania (cont.)

2015

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg.14/17

For more details, open the link: http://www.romexpo.ro/program-en-2015

Business Newsletter Romania-Sweden Facts about Romania

Location, geography and climate

Romania is situated in the southeastern part of Central Europe, on the shores of Black Sea, extending approximately 300 miles north to south and 400 miles east to west. Romania’s territory features mountains, hills, plains and numerous rivers and lakes. Forests cover one quarter of the country and the fauna is one of the richest in Europe (including bears, deer, lynx, chamois, wolves). The Danube River ends its eight-country journey at the Black Sea, after forming one of the largest and most bio-diverse wetlands in the world, the Danube Delta. Romania is an all round year destination, having a temperate climate with four distinct seasons.

Politics and economy

Romania is a parliamentary democracy based on European models and a member state of the EU and the NATO.

In the 1930s, Romania was one of the main European producers of wheat, corn and meats and it used to be called “the bread basket of Europe.”

In the 1950s started the development of the heavy industry.

Today, Romania produces coal, natural gas, iron ore and petroleum. Industries include chemical (petrochemical, paints and varnishes), metal processing, machine manufacturing, information technology, industrial and transport equipment, textiles, manufactured consumer goods, lumbering and furniture. About 39.2% of Romania’s territory is arable land, 28% forests, 21% pastures, hayfields and orchards and 2.5% vineyards. Corn, wheat, vegetable oil seeds, vegetables, apples and grapes for wine are the main crops and sheep and pigs the main livestock. Forestry and fisheries are also developed.

More info on: www.romania.travel,

the Official Tourism Site of Romania

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 15/17

Business Newsletter Romania-Sweden Facts about Romania (cont.)

Key economic indicators

Table of contents

Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

Pg. 16/17

Business Newsletter Romania-Sweden Useful contacts

Presidency of Romania www.presidency.ro

Government of Romania www.gov.ro

Parliament of Romania www.parlament.ro

Ministry of Economy, Trade and Tourism www.minind.ro

Ministry of Foreign Affairs www.mae.ro

National Bank of Romania www.bnr.ro

National Institute of Statistics www.insse.ro

National Trade Register Office www.onrc.ro

Customs National Authority www.customs.ro

Official Journal of Romania www.monitoruloficial.ro

Chamber of Commerce and Industry of Romania www.ccir.ro

Official Tourism Site of Romania www.romania.travel

National Weather Administration www.meteoromania.ro

Bucharest Henri Coanda International Airport www.bucharestairports.ro

Port of Constanta www.portofconstantza.com

Embassy of Romania in Stockholm http://stockholm.mae.ro/en

Department of International Trade www.dce.gov.ro

Trade Office of Romania in Sweden (email: [email protected] )

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Facts about Romanian Economy

Bilateral Trade

Economic & Financial News

Business opportunities

International events

Facts about Romania

Useful contacts

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