Doing business in Romania

1. Trade

Starting with the 1^st of January 2007, Romania has become member of the European Union. As a result, intra communitarian movement of goods is free. More information is available on the web site of the Romanian National Authority for Customs, www.customs.ro.

ROMEXPO S.A. is the largest Romanian company staging exhibition events. The exhibitional programme is available at www.romexpo.org

2. Starting a business

Registration of new companies in Romania is made at the Trade Register, according to specific regulations and requiring certain formalities.

A summary of the procedures and costs associated with setting up a business in Romania is available within a World Bank’s report, pages 55 to 58.

Relevant information may also be found on:

• Romanian Foreign Investment Agency
• Invest Romania
• US Chamber of Commerce
• Foreign Investors Council

3. Business contacts 
 

• The Netherlands-Romanian Chamber of Commerce, Industry and Agriculture
• The Netherlands Platform Romania
• Chamber of Commerce and Industry of Romania
• Romanian Trade Promotion Center  
• Major Companies of Romania
• National Pages
• Romanian Trade Fairs

4. Commercial conflicts

Unfortunately, sometimes business relations derail. In such cases, the Embassy can help solving the commercial conflicts, for example by providing information regarding the procedures for arbitration available in Romania or a list of law offices, but it cannot interfere in internal judicial procedures. Should a Dutch company encounter problems in a business relation with Romanian public institutions, the Embassy is ready to try to facilitate a rapid and fair solution to these problems.


5. Other useful information  
 

• Capital markets – regulations
• Bucharest Stock Exchange
• EBRD in Romania
• World Bank in Romania