EENI Global Business School

Doing Business in Romania

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Subject. Foreign Trade and Business in Romania - Bucharest.

  1. Introduction to Romania (EU);
  2. Doing Business in Bucharest;
  3. Romanian Economy;
  4. Romanian Foreign Trade;
  5. Foreign Direct Investment in Romania;
  6. Case Study: structure of marketing and sales promotion in the Romanian market;
  7. Access to the Romanian Market;
  8. Business Plan for Romania.

The objectives of the subject “International Trade and Business in” Romania” are the following:

  1. To analyze the Romanian Economy and Global Trade;
  2. To know the business opportunities in the Romanian market;
  3. To analyze the trade relations of Romania with the country of the student;
  4. To know Romanian trade agreements as a member of the EU;
  5. To develop a business plan for the Romanian Market.

European Union-Moldova Association Agreement

E-learning Course Master Doctorate, Asian Student, International Business

The Subject “Foreign Trade and Business in Romania” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Languages: Courses, Masters, Doctorate in International Business and Foreign Trade in English + Study Master Doctorate in International Business in Spanish Rumanía Study, Course Master Doctorate in International Business in French Roumanie Masters Foreign Trade in Portuguese Romenia.

EENI Global Business School Romanian: Master Comerţ Exterior.

  1. Credits of the Subject “International Trade and Business in” Romania”: 1 ECTS;
  2. Duration: one week.

Online Education (Courses, Masters, Doctorate): Trade and Business in the EU Countries

Romania Masters, Doctorate, Foreign Trade, Business Masters and Doctorate in International Business adapted to the Romanian Students.

International Trade and Business in Romania.

Trans-European Transport Corridors. Online Education (Course, Doctorate, Master)

Transport Corridors related to Romania
  1. Europe-Caucasus-Asia Corridor;
  2. Pan-European Corridor IX (Finland-Greece);
  3. Access to the Trans-Caspian Trade and Transit Corridor (Central Corridor).

Trans-European Transport Network Corridors (Poland, Slovakia, Austria, Italy)

Online Education (Courses, Masters, Doctorate): EU International Relations

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Romanian Preferential Access and Free Trade Agreements:

    Online Education (Courses, Masters, Doctorate): European Single Market

  1. Romania and the Orthodox Economic Area / European Economic Area;
  2. The EU
    1. European Customs Union;
    2. European Single Market;
    3. The EU Services Directive;
    4. European Digital Single Market;
    5. As a member of the EU, Romania is a beneficiary of the EU Trade Agreements with Algeria, Ivory Coast, South Africa, Egypt, Jordan, Lebanon, MERCOSUR, Chile, Georgia etc. besides the Customs Union with Turkey.
  3. Organization of the Black Sea Economic Cooperation;
  4. Central European Initiative;
  5. Council of the Baltic Sea States;
  6. Regional Cooperation Council;
  7. ALADI (observer).

European Union-Georgia Association Agreement

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

  1. WTO
    1. GATS;
    2. Agreement on the Application of Sanitary Measures;
    3. Agreement on Technical Barriers to Trade;
    4. Agreement on Preshipment Inspection;
    5. Agreement on Safeguards;
    6. Trade Facilitation Agreement.
  2. WCO
    1. Kyoto Convention.
  3. Convention Harmonization of Frontier Controls of Goods;
  4. Hamburg Rules;
  5. OSJD;
  6. COTIF Convention;
  7. IRU
    1. TIR Convention;
    2. Guidelines on Safe Load Securing for Road Transport.
  8. CIM, CIT Rail Rules;
  9. BIC;
  10. Chicago Convention (ICAO);
  11. IMO
    1. Convention for Safe Containers;
    2. Istanbul Convention.
  12. Customs Convention on Containers (CCC, UN).

Online Education (Courses, Masters, Doctorate): The EU and Their Institutions

  1. The EU;
  2. ECB;
  3. EIB;
  4. EBRD;
  5. EU-CELAC Summit;
  6. UNECE.

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

  1. UN
    1. UNCTAD;
    2. ITC;
    3. UNCITRAL;
    4. WIPO.
  2. WB;
  3. WTO;
  4. IMF;
  5. International Bank for Reconstruction and Development;
  6. Asia-Europe Meeting.

Romania was a member of the Central European Free Trade Association

Romania is an observer country in the ALADI.

European Union Single Market. Free movement of people, services, capitals and goods

  1. Romania is an Eastern European country, sharing borders with Ukraine, Moldova, Bulgaria, Serbia and Hungary;
  2. The capital of Romania is Bucharest (2.5 million people, 9% of the population of Romania);
  3. Area of Romania (Europe): 238,391 km²;
  4. Romanian Population: 20 million people;
  5. Government of Romania: Semi‑presidential Republic.

Religion in Romania: Orthodoxy (Christianity).

Online Education (Courses, Masters, Doctorate): Orthodox Christianity, Ethics and Global Business

Romania belongs to:

  1. Orthodox Economic Area;
  2. European Economic Area.

Transport Corridor Europe-Caucasus-Asia TRACECA: Azerbaijan, Armenia, Georgia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Romania, Tajikistan, Turkey, Ukraine and Uzbekistan

Romanian Economy

  1. Bucharest is the most economically and industrially developed city (21% of the Romanian gross domestic product and 25% of industrial production);
  2. Nominal GDP of Romania: 189,659 million dollars;
  3. Romania has significant natural resources: petroleum, natural gas, coal, iron, copper and bauxite;
  4. The Romanian major industrial activities are metallurgy, petrochemicals and mechanical industry;
  5. Romanian industrial sector: 35% of the GDP;
  6. Romanian services sector: 55% of the GDP;
  7. Currency of Romania: Romanian leu;
  8. Entry into the EU: 1 January 2007.

European Union-Lebanon Association Agreement

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

Romanian Foreign Trade

  1. Romania is one of the largest agricultural exporter of the EU;
  2. The main trading partners of Romania are Germany, Italy, France and South Korea;
  3. Top Romanian Export Markets are Germany, Italy, France and Turkey;
  4. The main suppliers of Romania are Germany, Italy, Hungary, France, China and Russia;
  5. Romania attracted 21.8 billions of dollars in foreign direct investment;

Central European Initiative (CEI), Macedonia, Moldova, Montenegro...

(c) EENI Global Business School (1995-2023)
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