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Romania – Your EU trade partner. Conclusions. Emil LUPESCU Economic Secretary Embassy of Romania. Galway, February, 2007. Embassy of Romania – Economic Counsellor’s Office. Foreign Trade. EU – Romania’s main trading partner Ireland – Romania bilateral trade is growing constantly
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Romania – Your EU trade partner Conclusions Emil LUPESCU Economic Secretary Embassy of Romania Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office Foreign Trade • EU – Romania’s main trading partner • Ireland – Romania bilateral trade is growing constantly • Romania imports from Ireland more than it exports • Increasing exports is a priority, especially those of high value added products • Opportunities in industries like furniture, textiles, food Romania – Your EU trade partner – Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office FDI’s • One of the biggest FDI inflows in the region • Ireland is among the first 32 countries that have invested in Romania when considering the subscribed capital • The full potential of both countries has not yet been reached • A series of Irish companies have chosen to relocate some operations to Romania – IT, textiles etc. Romania – Your EU trade partner – Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office Contact Embassy of Romania – Economic Counsellor’s Office Emil LUPESCU – Economic Secretary Address: 26 Waterloo Rd., Ballsbridge, Dublin 4 Tel.: 01-6681149 Fax: 01-6681761 E-mail: elupescu@eircom.net Romania – Your EU trade partner – Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office Services • General Information • Business opportunities • Partner search • Investment advice • Privatization in Romania • Contact details for relevant Romanian authorities Romania – Your EU trade partner – Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office Information • Name and background of the company • Full postal address • Contact details – phone, fax, e-mail • Contact person • Accurate description of the product sought for or investment project to be developed Romania – Your EU trade partner – Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office Advice • Gather as much information as possible before going there • Make sure you have the right contacts in Romania within institutions, professional associations, consultants etc. • Always work with a well-established solicitor and accountant • Ask for help – contact the Embassy Romania – Your EU trade partner – Galway, February, 2007
Embassy of Romania – Economic Counsellor’s Office Thank you! Embassy of Romania – Economic Counsellor’s Office Emil LUPESCU – Economic Secretary Address: 26 Waterloo Rd., Ballsbridge, Dublin 4 Tel.: 01-6681149 Fax: 01-6681761 E-mail: elupescu@eircom.net Romania – Your EU trade partner – Galway, February, 2007