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iconannual 2018

Supporting the networking concept of iconvienna the iconbrandannual offers the best place to introduce global potential partners to your latest developments! Covering topics like Branding, Innovation, Smart Cities & Regions 2020, Cooperation & Technology, International Finance & Projects, Energy & Infrastructure & Transport, Branding & IP Rights, Education & Tourism several high-ranked companies, programs, projects and initiatives have been represented.

Supporting the networking concept of iconvienna the iconbrandannual offers the best place to introduce global potential partners to your latest developments!

Covering topics like Branding, Innovation, Smart Cities & Regions 2020, Cooperation & Technology, International Finance & Projects, Energy & Infrastructure & Transport, Branding & IP Rights, Education & Tourism several high-ranked companies, programs, projects and initiatives have been represented.

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Romania<br />

Greetings<br />

Romania _ a dynamic<br />

business environment!<br />

H. E. Bogdan Mazuru<br />

Ambassador of Romania to Austria<br />

Congratulations to iconvienna for bringing<br />

together investment and business<br />

ideas through this platform of cooperation.<br />

We cannot speak about investments<br />

without mentioning the word innovation.<br />

The European Union and the member<br />

states cannot lag behind in a world where<br />

competition becomes fierce. We should<br />

innovate more and invest more, at home and<br />

abroad. We should become an active global<br />

investor. There is no time to wait or to waste.<br />

Romania encourages a dynamic business<br />

environment through state subsidies granted<br />

to start-ups, small and medium enterprises,<br />

state aid schemes for big investments, fiscal<br />

facilities for companies. Exemption from<br />

income tax for reinvested profit, exemption<br />

from income tax for profit obtained in research<br />

activities, exemption from income tax<br />

for employees working in IT or research<br />

fields are some of the fiscal facilities available<br />

to companies investing in Romania.<br />

In the past years, Romania became a key<br />

investment destination for the IT, automotive<br />

industry and services (Business Process<br />

Outsourcing and Shared Service Centers).<br />

Over the next years, we expect this trend to<br />

continue. Romania’s labor force in this field<br />

is highly qualified. This is one of our competitive<br />

advantages in the region.<br />

During the first half of 2019, Romania<br />

will hold, for the first time, the Presidency<br />

of the Council of the EU. It represents an<br />

opportunity to promote initiatives to foster<br />

investment and innovation. The incentives<br />

for the business environment will be one<br />

of our main goals during the Presidency.<br />

Conditions and state policies for start-ups,<br />

small and medium enterprises need to be<br />

developed in order to have a sustainable economic<br />

growth in the European Union. The<br />

European Union plays an essential role in<br />

fostering investments. The economic cooperation<br />

among the EU member states brought<br />

prosperity to the European citizens and lay<br />

the foundations for the start-ups and technological<br />

innovation, which is the future of our<br />

economies.<br />

Foto: Romanian Embassy<br />

The European Business and Investment Magazine <strong>iconannual</strong> 47

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