Business in Romania. Romanian Economy, Bucharest

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

Sample:

The educational aims of the Subject “Foreign Trade, Logistics and Business in Romania” are:

1. To analyze the Romanian Economy, Logistics and Global Trade
2. To conduct research on business opportunities in the Romanian market
3. To research the trade relations of Romania with the student's country
4. To know Romanian trade agreements as a member of the European Union
5. To develop a business plan for the Romanian Market

The Subject “Foreign Trade, Logistics and Business in Romania” is included within the curriculum of the following academic programs at EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Masters adapted to Romanian Students.

Languages: + Rumanía Roumanie Romenia.

EENI Global Business School Romanian: Master Comerţ Exterior.

1. Subject Credits “Doing Business in Romania”: 1

Transport Corridors related to Romania

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

Romanian Preferential Access and Trade Agreements:

1. Romania and the Orthodox Economic Area / European Economic Area
2. European Union
   1. European Single Market
   2. The European Union Services Directive
   3. European Digital Single Market
   4. As a member of EU, Romania is a beneficiary of EU Trade Agreements
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)

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention
3. Convention Harmonization of Frontier Controls of Goods
4. Hamburg Rules
5. Organization for Cooperation between Railways (OSJD)
6. COTIF Convention
7. International Road Transport Union (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. International Maritime Organization (IMO)
    1. Convention for Safe Containers
    2. Istanbul Convention
12. Customs Convention on Containers (CCC, UN)

1. European Union
2. European Central Bank
3. European Investment Bank
4. European Bank for Reconstruction and Development (EBRD)
5. European Union-CELAC Summit
6. Economic Commission for Europe (UNECE)

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund
5. International Bank for Reconstruction and Development
6. Asia-Europe Meeting

Romania was a member of the Central European Free Trade Association

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).

Romania belongs to:

1. Orthodox Economic Area
2. European Economic Area

Romanian Economy

1. Romanian industrial sector: 35% of GDP
2. Romanian services sector: 55% of GDP
3. Currency of Romania: Romanian leu
4. Entry into the EU: 1 January 2007

Romanian Foreign Trade

1. Romania is one of the largest agricultural exporter of the European Union
2. Main trading partners of Romania are Germany, Italy, France and South Korea
3. Top Romanian Export Markets are Germany, Italy, France and Turkey
4. Main suppliers of Romania are Germany, Italy, Hungary, France, China and Russia