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BUSINESS OPPORTUNITIES IN ROMANIA A Market Briefing U.S. Commercial Service Bucharest September 8, 2010

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BUSINESS OPPORTUNITIES IN

ROMANIA

A Market Briefing

U.S. Commercial Service BucharestSeptember 8, 2010

SUMMARY

Romania BackgroundBusiness OpportunitiesEnergy ReservesEnergy: Priorities and

TargetsHow can we help you?

ROMANIA BACKGROUND

Post WWII Communist bloc nation until Revolution in December 1989

ROMANIA BACKGROUNDPopulation: 21.7 million Capital: Bucharest Area: 238,000 sq kmEU member since 2007

BUSINESS OPPORTUNITIES

Energy ICT Environment Agriculture Packaging Equipment Automotive Equipment

Romania’s Energy Reserves

Oil: 0.5 billion barrels

Natural Gas: 0.65 trillion cubic meters

Coal: 422 million tons

• the largest oil and natural gas reserves in Central and Eastern Europe

• low import dependency; below the EU average (29%)

Energy: Priorities and Targets

• Become a regional power exporter by 2020

• Up to €12 billion investment in new power generation facilities;

• Encouraging state partnerships with private energy investors;

• Sell-offs of minority stakes in state-owned power companies;

• Promotion of renewable and nuclear energy.

WORK WITH US!

• Trade Missions: "U.S. Nuclear Industry Promotion Program“ in September 2009.

• USTDA reliable partner

• Technical Seminars

• Site Visits

• Bringing delegations to major trade shows in the U.S.

Contact Details

Maria Nitoiu

U.S. Commercial Service – Romania

American Embassy Bucharest

Email: [email protected]

Tel. 40.21.200.33.79 Fax 40.21.316.0690

http://www.buyusa.gov/romania/en

http://www.buyusa.gov/romania/en

THANK YOU!