ROMANIA – GENERAL INFORMATION

Location:

- in south-eastern Europe;

Surface : 238.391 square km;

Population : 21 623 000 inhabitants;

(89.5% romanians, 6.6% hungarians,

2.5 rroma people, 0.3% germans, 0,3%

ukrainians, 0.2% turkish, 0.6% other

nationalities)

Capital : Bucharest (aprox. 2 000 000

inhabitants)

Official language: romanian

Currency : RON (romanian leu)

Official hour: GMT +2

Religion: 86.6% orthodoxism, 4.7%

roman-catholicism, 3.2% protestants,

5.3% other religions

Romania is a parliamentary republic.

From 1st of January 2007, Romania had become

member state of European Union / Economic European

Area.

From the administrative point of view, Romania is divided

in 41 counties and the Municipality of Bucharest.

For economical considerations and statistical reasons

Romania is divided in 8 specific regions: North East

Region, the South East Region, the South Muntenia

Region, the South West Oltenia Region, the West Region,

the North West Region, the Center Region and the

Bucharest and Ilfov Region.

Funds allocated to Romania for the 2007-2013 period:

– Convergence Objective: 19,2 billion €

– European Territorial Cooperation Objective: 455 million €

Main priorities of Cohesion Policy in Romania:

– Improving basic transport infrastructure and accessibility - €5.3 billion

– Contribute to research and innovation to ensure long-term sustainable

economic competitiveness - €2.6 billion

– The social inclusion of disadvantaged groups will be supported to the

tune of some €1.2 billion for education and training

– Nearly €570 million will be invested in supporting business, with a

focus on SMEs

Results:

– Funds may help increase GDP by 15% in the period 2007–13

– Help safeguard around 200 000 jobs

European Cohesion Policy in RomaniaEuropean Cohesion Policy in Romania

Labour market informations

Active population: 9.9 million

By area:

urban : 5.4 million

rural : 4.5 million

Civil employment population: 9.3 million

By area:

urban : 5 million

rural : 4.3 million

Economical activities:

Surpluses:

farm

Economical activities:

agriculture 42.7 %

services 33.7 %

industry and constructions 23.6 %

Shortages:

textile operator , sale person, bricklayer, carpenter

Surpluses:

farm-hand

NORTH EAST REGION

• The Eastern Land of

Legends

• 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 Romanian’s

surface)

• Population: 3,732,683 inhabitants (17.30% of total

Romanian’s population, of which 56.3% living in rural

areas)

Location

Regional economy

• The North - East

development region is the

most underdeveloped region

in Romania (in 2010 the

GDP/capita was 72.3% of the

national average). The high

poverty area comprises the

South of Iasi district, the

South-East of Neamţ district,

the East of Bacău district and

the districts of Botoşani and

Vaslui.

Regional Gross Domestic Product

(GDP) – Euro 9,199 million, contribution

of 11.8% to Romania’s 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 Romania’s

GDP/inhabitant

Regional economy

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

REGIONAL ECONOMIC REGIONAL ECONOMIC PROFILEPROFILE

• machine building industry (automobiles, tractors, airplanes,

shipyards);

• agriculture and agricultural products processing (cereals,industrial crops, fruit and vegetable processing);

• electric and thermal power industry;

• metallurgical industry - manufacturing and processing ofnon-ferrous metals (aluminium plant) – unique in Romania;

• chemical industry;

• wood processing industry;

• light industry (is well represented in the region by factoriesproducing clothing and leather/substitutes footwear,textiles and fabrics, etc.)

• European Corridor E 85 (Corridor 9: Helsinki – Kiev –– Bucharest – Constanta – Alexandroupolis)

• International airports : Bacau and Iasi Airports

• Internal flights airport: Suceava Airport

Accessibility

• 57,83% of the region’s surface is

represented by agriculture-

dedicated lands

• 33,46% of region’s surface is

covered by forests

• The North-East Region provides

26,7% of wood production of

Romania

• The county has a forest area of

81.500 ha. Forests have a rich

hunting background - deer,

doe, fox, boar.

• The area covered by water

surface is 22.000 ha. The

richness in fish of these waters

was determinant, in the past.

Agriculture

SOUTH WEST OLTENIA

NEAMTNEAMT COUNTY’S AGRICULTURECOUNTY’S AGRICULTURE

• Neamt County has an agricultural area of 437,845ha, occupying seventh place in the nationalcontext. We emphasize: vineyards, orchards,pastures and meadows.

MAIN CROPS: Wheat, rye, potatoes, sugar beet,corn, sunflower and vegetables.

• DOMINANT CROPS : Cereals (wheat, rye,barley and two-rowed barley, maize), oilseeds(sunflower), sugar beet, potatoes and othervegetables, watermelons and yellow melons,vines with grafted and native grapes.

• Wine-growing potential: villages

.

SOUTH WEST OLTENIA

• 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)

Human resources and education

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

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

Foreign direct investment

SOUTH WEST OLTENIA

The predominant industries in the

Neamt county are:

• Chemical industry.

• Mechanical parts manufacturing.

•Textile industry.

• Food industry.

• Construction materials.

In the mountains, along the

Bistrita River there is one of

the greatest dams in Romania.

SOUTH WEST OLTENIA

Tourism

Neamţ county is known as the region with most monasteries per square

kilometer in the world. It boasts a rich and varied landscape, with elements of

great beauty, and lots of cultural and historical vestiges.

The local people are renowned for their hospitality.

Among such constructions, the monumental church of the Neamţ Monastery

served, for more than a century, as a model for Moldavian churches and

monasteries.

SOUTH WEST OLTENIA

Tourism

The main tourist attractions in the

county are:

The city of Piatra Neamţ with its

medieval fortifications.

The Monasteries of Northern

Moldavia:

Agapia, Neamt, Văratec

Monastery, Bistriţa Monastery,

Pângăraţi Monastery, Secu

Monastery, Sihăstria Monastery

The Neamţ Citadel

The Ceahlău National Park

The Bicaz Canyon - "Cheile

Bicazului"

The city of Roman.

The Durău Ski Resort

Surpluses of the romanian

labour force

•• Metal, machinery and related tradeworkers (structural Metal, machinery and related tradeworkers (structural

metal prepares and erectors; metal wheel grinders, metal prepares and erectors; metal wheel grinders,

polishers and tool sharpeners; agricultural or industrial polishers and tool sharpeners; agricultural or industrial

machinery mechanics and fitters; electrical line installers, machinery mechanics and fitters; electrical line installers,

repairers and cable jointers)repairers and cable jointers)

•• Labourers in construction, manufacturing, mining and Labourers in construction, manufacturing, mining and

transport (assembling labourers; farmhands and labourers; transport (assembling labourers; farmhands and labourers;

construction and maintenance labourers roads, dams and construction and maintenance labourers roads, dams and

similar constructions; transport labourers and freight similar constructions; transport labourers and freight

handlers)handlers)

•• Drivers and mobile plantDrivers and mobile plant--operators (heavy trucks and lorry operators (heavy trucks and lorry

drivers; car, taxi and van drivers)drivers; car, taxi and van drivers)

• Population in rural agricultural areas, situated at more

than 50 km from urban areas, where there are no job offers

on the labour market

Conclusions:

The unemployment statistical situations from the previous years showthat the deficit is registered in the following sectors:

Construction

Services

Tourism

Textiles

Why deficit ? the low level of salary received (in July the average

net salary on construction sector was 270 euro) many Romanians work abroad

although the demand and the offer seems to besimilar, by occupational point of view, the territorialstructure of work force is unbalanced

Solutions: Increasing the salaries in Romania, gradually

Import workers from non EU states (Moldova, Ukraine,Turkey, China)

More vocational training adapted to the Romanianlabour market demand

• 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

Why investing in the North-East Region?

Unemployment rate

Thank you for

your attention!