Thursday, 17 Jan 2013
Doing business in Romania
Romania is the second largest consumer market in Central and Eastern Europe. Since EU accession, there has been increasing interest in Romania from UK business. The UK is Romania’s 10th largest inward investor with over €4 billion of investment and more than 4,000 UK companies. Bilateral trade accounted for over €1.6 billion in 2009.
Despite the economic downturn Romania remains an attractive destination for foreign investment, particularly in sectors such as environment and renewable energies, IT and infrastructure.
What are the opportunities?
Romania has received EUR 31billion of structural and agricultural funds over the period 2007-2013. Key sectors are renewable energy, transport and infrastructure and automotive. The Romanian Government is also keen to undertake small and large scale PPP projects in areas such as infrastructure, healthcare and prisons. There are also major opportunities to help modernise farming, livestock and agriculture.
Guide to doing business in Romania
UKTI has produced a guide aimed at companies experienced in overseas trade who are new to doing business with Romania. This guide aims to provide a route map of the way ahead, together with signposts to sources of help.
Preparing to export
How to do business
Business etiquette, language and culture
What are the challenges?
How to invest in Romania
Resources / Useful links
For information on your sector in Romania including opportunities, events and key contacts, please check out the latest sector briefings.