Introduction from Charles Crocker, CEO of the British Romanian Chamber of Commerce
Welcome to the IOE guide to doing business in Romania.
Romania represents an important market for the UK in Europe and an exciting opportunity to expand and develop your business.
I think there is a strong bilateral economic and cultural relationship between the UK and Romania. In the last couple of years, we have seen a significant increase in the number of Romanian businesses investing in starting their activities in the UK with over 200,000 Romanians working in the UK. There are also 5000 registered British business in Romania.
At the same time, the number of UK imports to Romania is one of the fastest growing from the EU, up 17 percent from 2014-2015.
I think there is a vibrant local business environment and this is shown by a strong recent and projected growth in GDP as well as an active increase in retail sales.
Romania is a strategically important market for the UK. I would strongly recommend it as a destination for investments; it is geographically important with the largest commercial Black Sea port and access to over 120 million consumers in Central and Eastern Europe (CEE).
Romania is one of the largest markets in CEE; it offers a highly skilled workforce, with a strong network of excellent universities providing a steady pool of technically qualified graduates. The first language in Romania is English and the British brand is very strong in Romania, with a reputation for quality and reliability.
The BRCC is a leading UK business association and along with our partners support 1000’s of companies interested in developing Trade opportunities to the UK and from the UK.
Please contact us for assistance or attend one of our many events.
CEO, British Romanian Chamber of Commerce
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