North-East of Romania

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North-East of Romania

• The Eastern Land of Legends

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Why investing in the North-East Region?

• Variety of natural resources
• Young, well trained and skilled population
• Relatively low labour force costs
• Business infrastructure in place
• Favorable institutional and legislative framework
  for business development

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North-East Region, tourism destination

• Various tourism opportunities cultural,
  ecclesiastic, balneal-therapeutic, scientific,
  business, agri-tourism
• 342 of the regions companies carry out their
  activities within the field of hotels,
  restaurants and tourism
• 17.183 beds accommodating
• 678,000 tourists (10.91 of total Romania)

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Location

• Location within North-East side of Romania
• Neighbors
• a. Ukraine (North)
• b. Republic of Moldova (East)
• c. South-East Region Romania (South)
• d. Regions Center and North-West (West)
• Surface 36,850 sq.km (15.6 of total Romanians
  surface)
• Population 3,732,683 inhabitants (17.30 of
  total Romanians population, of which 56.3
  living in rural areas)

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(No Transcript)
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Regional economy

• Regional Gross Domestic Product (GDP) Euro
  9,199 million, contribution of 11.8 to Romanias
  GDP
• Contribution to Regional GDP
• - agriculture 12.85
• - industry 22.65
• - services 52.80 (of which civil constructions
  5.3)
• Regional GDP/inhabitant RON 9,114 /inhabitant
  or Euro 2,463 /inhabitant, representing 68.39 of
  Romanias GDP/inhabitant

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Regional economy

• SMEs Sector a total of 52,154 units, approx.
  13.9 units/1,000 inhabitants, as average
• Main productive sectors
• - civil constructions
• - wood processing
• - apparel manufacturing
• - tourism

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Accessibility

• European Corridor E 85 (Corridor 9 Helsinki
  Kiev Bucharest Constanta Alexandroupolis)
• International airports Bacau and Iasi Airports
• Internal flights airport Suceava Airport

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Agriculture

• 57,83 of the regions surface is represented by
  agriculture-dedicated lands
• 33,46 of regions surface is covered by forests
• The North-East Region provides 26,7 of wood
  production of Romania

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Human resources and education

• 706,743 (18,9) persons aged under 15 years old
• English language or other foreign languages
• Taught in schools since age 9
• Educated and qualified labor force (of the
• population aged between 25 and 34 years old)
  

7,86 are graduates of vocational schools,
15,33 are graduates of high-schools and 10,56
are graduates of post-high schools and
universities
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Human resources and education

• Civil occupied population 1,246,200 persons of
  which
• - in agriculture 40.74
• - in industry 18.97 (17.08 in the processing
  industry)
• - in services sector 37.94 (4.88 in
  constructions)
• Unemployment rate 6.2 (the minimum of 4.7 in
  Suceava County and the maximum of 11.3 in Vaslui
  County)
• 3 university centres in Iasi, Bacau and Suceava
  hosting 79,762 students in the school year
  2006-2007

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Research Development

• STRUCTURE OF RESEARCH DEVELOPMENT SECTOR
• Number of units 73, of which
• - 16 research and development units,
• - 13 university level units,
• - 17 agriculture units,
• - 27 units in various enterprises
• Total expenditure in research development RON
  107,503 thousand (6.8 of total Romania)

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Structure of business environment

• 263,160 jobs in 56,094 companies, out of which
• 8.46 foreign capital companies
• 16.7 in processing industry
• 5.22 in construction sector
• 75,98 in services sector

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Foreign direct investment
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Facilities for investors

• County Agencies for Labor Force Employment
  (Bacau, Botosani,Iasi, Neamt, Suceava,Vaslui) for
  creation of new jobs
• North-East RDA (www.adrnordest.ro)
• Ministry of Development, Public Works and
  Housing, (www.mdlpl.ro)
• National Agency for Private Small-Medium
  Enterprises in Romania (www.animmc.ro)
• Banks
• Romanian Agency for Foreign Investments
  (www.arisinvest.ro)
• (investments over USD 1 million)
• County Councils and Local Councils
  (Identification of lands, buildings,
  urbanism-related documentation, authorizations
  for constructions, local fiscal facilities)

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Facilities for investors
NAME SPECIALIZATION AVAILABLE from
"TEHNOPOLIS" TECHNOLOGICAL PARK IN IASI INFORMATION TECHNOLOGY AUDIO-VIDEO INDUSTRY BIOTECHNOLOGIES FOODSTUFF INDUSTRY March 2005
INDUSTRIAL PARK HIT HEMEIUS BACAU INFORMATION TECHNOLOGY AND COMMUNICATION March 2005
BUSINESS INCUBATOR FOR SMEs IN BOTOSANI TEXTILES PLASTICS FOODSTUFF INDUSTRY October 2005
INDUSTRIAL ZONE OF SIRET WOOD INDUSTRY, MECHANICS TEXTILES March 2005
BUCOVINA ECONOMIC CENTER OF SUCEAVA PULP AND WOOD INDUSTRY TEXTILE FOODSTUFF INDUSTRY MECHANICS October 2005
CEAHLAU INDUSTRIAL PARK PIATRA-NEAMT MACHINE TOOLS BUILDING TEXTILES March 2005
INDUSTRIAL PARK BOTOSANI MECHANICS MACHINE TOOLS BUILDING March 2005
INDUSTRIAL PARK BUHUSI TEXTILES MECHANICS March 2005
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Business support network
North-East Regional Development Agency

• Branches in
• - Bacau
• - Botosani
• - Iasi
• - Suceava
• - Vaslui

www.adrnordest.ro
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Business support network
Chamber of Commerce, Industry and Agriculture Bacau www.cciabc.ro
Chamber of Commerce, Industry and Agriculture Botosani www.petar.ro/cciabt
Chamber of Commerce and Industry Iasi www.cciasi.dntis.ro
Chamber of Commerce and Industry Neamt www.ccint.ro
Chamber of Commerce and Industry Suceava www.ccisv.ro
Chamber of Commerce and Industry Vaslui www.ccivs.ro
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Business support network

• 26 banks (the great majority of banks active in
  Romania)
• 329 of bank units at the level of the Region
  (branches, agencies, offices)

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Business support network

• National Office of the Register of Commerce
• County Offices in
• Bacau, Botosani, Iasi, Neamt, Suceava,
  Vaslui
• National Council of Private Small-Medium
  Enterprises in Romania
• Branches in Bacau, Botosani, Iasi, Neamt,
  Suceava and Vaslui counties
• Small-Medium Enterprises Employers Association
  in North-East Region