Romania Your EU trade partner

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Romania Your EU trade partner
Conclusions
Emil LUPESCU Economic Secretary Embassy of Romania
Galway, February, 2007
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Embassy of Romania Economic Counsellors Office
Foreign Trade

• EU Romanias 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
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Embassy of Romania Economic Counsellors Office
FDIs

• 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
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Embassy of Romania Economic Counsellors Office
Contact
Embassy of Romania Economic Counsellors
Office Emil LUPESCU Economic Secretary Address
26 Waterloo Rd., Ballsbridge, Dublin 4 Tel.
01-6681149 Fax [phone] E-mail
elupescu_at_eircom.net
Romania Your EU trade partner Galway,
February, 2007
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Embassy of Romania Economic Counsellors 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
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Embassy of Romania Economic Counsellors 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
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Embassy of Romania Economic Counsellors 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
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Embassy of Romania Economic Counsellors Office
Thank you!
Embassy of Romania Economic Counsellors
Office Emil LUPESCU Economic Secretary Address
26 Waterloo Rd., Ballsbridge, Dublin 4 Tel.
01-6681149 Fax [phone] E-mail
elupescu_at_eircom.net
Romania Your EU trade partner Galway,
February, 2007