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Doing Business with Romania - Über die Osec

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New products have appeared and have been consolidated in segments such as bio-agriculture,<br />

audiovisual, car components, shipbuilding (the total value of ship construction and repairs exports in 2009<br />

reached 800 mil Euro, <strong>with</strong> <strong>Romania</strong> ranking 4 th for shipbuilding sites in Europe), electronic and electrotechnical<br />

components that will contribute to export structure diversification in the future.<br />

The export platform for bio-agriculture and wine has extended by increasing quality standards and<br />

changes have been made to the quality certification process.<br />

During the last years a growth in the number of firms that export their own brand has been registered in<br />

segments such as furniture, clothes design, IT, bio-agriculture products, wine. From here on out, The<br />

Ministry of Economy, Trade and <strong>Business</strong> Environment will focus on promoting brand and innovative firms.<br />

<strong>Romania</strong>n firms are well positioned in the EU market, although a reorientation towards the non-EU<br />

markets is necessary, <strong>with</strong> focus on emerging markets, such as BRIC. Therefore, in the 2009 Fair<br />

Program, the events organised outside The EU represented 39, 21%, and in 2010 the value is expected<br />

to rise up to 40, 74%.<br />

In the framework presented up until now, the launching of the „<strong>Doing</strong> <strong>Business</strong> <strong>with</strong> <strong>Romania</strong>” <strong>Business</strong><br />

Guide, conducted in collaboration <strong>with</strong> The Department Chair UNESCO, University of Bucharest and<br />

Haute Ecole de Gestion of Fribourg, is auspicious. This guide will join the Foreign Trade Portal in bringing<br />

more opportunities of export to <strong>Romania</strong>n business firms and in the same time give foreign investors<br />

important information on the potential of the <strong>Romania</strong>n market. The two instruments will complement one<br />

another, providing the foreign investors and the local exporters <strong>with</strong> trustworthy instruments, aligned <strong>with</strong><br />

the current and future tendencies of the global market, permitting an accelerated decisional process of<br />

approaching international and local markets. Moreover, the Guide will contribute to the current support<br />

measures for exporters by helping them analyse opportunities and measure the financial impact of the<br />

decisions to approach a certain market.<br />

The „<strong>Doing</strong> <strong>Business</strong> <strong>with</strong> <strong>Romania</strong>” <strong>Business</strong> Guide can also be accessed from the Foreign Trade Portal<br />

of <strong>Romania</strong>, which in our opinion represents the recognition of its purpose and usefulness.<br />

By Dr. Costin Lianu,<br />

Director,<br />

Director of the Direction of Monitoring Synthesis, Reporting and Exporting Promoting,<br />

The Ministry of Economy, Trade and <strong>Business</strong> Environment, <strong>Romania</strong><br />

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