Transcript Romania

Economic Overview
March 2015






GDP growth in 2014 (March provisional estimates):
◦ + 2.9% in real terms, 151 472.66 million Eur
Most significant contributions to GDP in 2014:
◦ Industry 24%,
◦ Transport, tourism, HO.RE.CA., automotive services - 15%
Inflation rate: 0.4%; 2015 target : 2.5%
Exchange rate: 4.41 RON = 1 Euro (31st of March)
Budget deficit for 2014: 1.98% from GDP
Unemployment rate: 6.5% (January 2015)




An average annual growth rate of approx. 3% in
2014-2016;
Maintain system deficit below 3 % of GDP ESA 2016 ,
following the criteria set by the Maastricht Treaty;
Continued fiscal consolidation in 2015 and 2016 in
line with the European Commission to achieve the
medium-term objective;
Stimulating private investment in research innovation in order to increase the share of
innovative products and services in the Romanian
economy to stimulate competitiveness and
productivity as well





The value of the Romanian-Belgian commercial trades
increased up to 2141.2 million of Euro at the end of 2014.
The exports account for 892.89 millions Euro, and the imports
for 1248.9 millions of Euro;
Based on the latest 2014 figures, the number of Romanian
companies with Belgian capital increased up to 3276;
According to The National Bank’s statistics, the total invested
capital (direct investments) reached 1,49 billions Euro (ranked
9th among the foreign investors in Romania, i.e. 2,5% share
from the total foreign investments in Romania).
Among the most heavily traded category of goods it can be
mentioned electrical equipment, automotive, textiles, metals,
plastic materials as well as chemical products.
TOTAL
Export
Import
Sold
2006
2007
2008
2009
2010
2011
2012
1052,86
1468
1672,25
1327,55
1718,7
2040,11
1912,68
2149,03
2141,79
426,33
468
552,30
519,43
728,3
903,63
788,37
933,65
892,89
626,53
1000
1120,11
808,12
990,4
1136,48
1124,31
1215,37
1248,9
-200,2
-532
-567,97
-288,69
-262,1
--232,85
-335,94
-281,72
-356,01
2013
2014
The main export product groups:





Electrical equipment, machineries – 29,42%
Vehicles, and equip. Transport – 17,20 %
Textile materials and articles thereof -9,42 %
Vegetable products -8,91% %
Plastics and articles thereof , rubber -8,52 %
The main import product groups:






Electrical equipment, machineries - 20,04%
Chemicals and related products – 18,71 %
Plastics and articles thereof , rubber -11,69 %
Metals -10.56 %
Vehicles, equip, transportation -9,56 %
Textile materials and articles thereof – 9,01 %

Investment sectors:

Major investments :
◦ Construction ( 28,8% % ) , services (27.8 % ), industry (27,6), transport (6.2% ),
retail trade (6,62 % ), agriculture (3.90 %).
◦ Distribution (network expansion of Mega Image (Delhaize)–410 supermarkets;
◦ Transport and logistics ( Essers Group, Ploiesti West Business Park - Alinso
Group, Interparking Group);
◦ Steel wire and coatings ( Bekaert);
◦ Green energy production ( Electrawinds );
◦ Mechanical gear transmission ( BMT VCST Alba Iulia );
◦ Telecommunications ( Wirefree Services Belgium );
◦ Food ( InBev , Puratos , Martens );
◦ Textiles ( UCO Tesatura Giurgiu, Drapantex );
◦ Metal constructions and profiles ( Coilprofil , Joris de Group);
◦ Polyurethane foam ( Recticel Eurofoam );
◦ Machine tools Metalworking (LVD );
◦ Plastics ( Solvay )







The state aid scheme is available to companies
registered in Romania for investments to be developed
in Romanian regions (Romania is divided in 8
development regions; state aid intensity differ by
region)
The state aid scheme envisage to promote investments
with major impact in economy;
Contracting period: until 31 December 2020;
Payment period: 2015-2023;
Overall budget: Euro 600 million;
Annual budget: Euro 100 million ;
The total estimated number of companies to benefit of
the scheme: 150







The state aid scheme is available to companies
registered in Romania, for investments to be
developed in any Romanian regions (Romania is divided
in 8 development regions; state aid intensity – i.e. the %
of grant in eligible expenses - different by region)
The state aid scheme aims to promote regional
development through job creation
Contracting period: 1July - 31 December 2020;
Payment period:2015-2020;
Overall budget: Euro 600 million
Annual budget: Euro 100 million
The total estimated number of companies to benefit of
the scheme: 1700



Priority Axis 1 – Consolidation of research,
technological development and innovation
Priority Axis 2 – Improvement of SMEs
competitiveness (700 mil euro FEDR);
Priority Axis 5 – Local economies
diversification through Tourism sustainable
development (295 mil euro FEDR)




DMI 1.1 Promoting the investments in innovation and research,
developing the connections and synergies between SMEs, centers of R&D
and education, especially in developing the products and services,
technological transfer, social innovation, networking, clusters.
Creation, modernization and expansion of innovation and technological
transfer infrastructures (innovative businesses incubators, technological
transfer centers, technological information centers, offices for
connections with industry);
Acquisition of goods, service and facilities for the technological transfer
entity;
Activities for technological transfer entities (studies of technological
investments; assistance for restructuring/re-technologic and economic
agents sizing; technological transfer and technological validation;
prognosis, technological evaluation; technologic audit; statistical
analysis and indicators of innovation efficiency; creation, development
and maintaining of specialized data banks etc.)
Potential beneficiaries

Entities juridical set-up which are creating an infrastructure with
technological transfer role
DMI 2.1: Promoting of the entrepreneurial spirit through the
facilitation of the economic exploring of the new ideas and
encouraging the creation of new enterprises, including the business
incubators



start-up-s investments for production and services
development, acquisition of different actives (production and
services spaces, equipment) but also licenses. patents, etc.).
Incubators and business accelerators infrastructure development,
including acquisition of utilities and equipment, but also the
services offered to the business sector (management,
accountability, marketing, etc.)
Innovative activities (at process level, product, marketing,
services).
Potential beneficiaries

SMEs (start-up-s)
DMI 2.2: Support for the creation and development of the
existent production and services capacities





construction, modernization or expansion of the production
and services spaces of SMEs;
acquisition of equipment and industrial installations,
machines and tools or other acquisitions needed for
improvement of development capacities for SMEs;
Specific installations and equipment for energy savings or
systems using the green energy for SMEs activities efficiency;
Products, services and different processes certification;
ISO Quality Management systems certification and
implementation, also the certification of quality standards in
environment and health
Potential beneficiaries

SMEs (more than 3 years of activity)
DMI 5.1 Protection, preservation, promotion and development of
the natural and cultural patrimony
Investments in Tourism rehabilitation, protection and and valorization

Rehabilitation, consolidation, protection and preservation of historic monuments; of
interior paintings, drawings, exterior mural paintings;
Investments in spa tourism

Rehabilitation/modernization of roads infrastructure, including utilities in spa touristic
resorts;

Creation / rehabilitation of parks and gardens în spa resorts, spa climate and climate
resorts.

Development of water captures networks and / or transport a mineral and salt springs
with therapeutic potential (mineral waters, lakes and therapeutic muds, therapeutic gas,
etc.) from spa resorts, spa climate and climate resorts;

Creation / modernization and equipping (including utilities) of treatments facilities from
spa resorts, spa climate and climate resorts, including therapeutic salt mines;
Potential beneficiaries: SMEs, local public authorities, NGOs and partnerships between these
entities. The target areas are communities in urban and rural areas, including touristic
resorts.
Thank you !