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Technology Sector in Romania - hi-tech developments

Technology Sector in Romania – hi-tech developments

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How to find out more about the Technology Sector in Romania – hi-tech developments? The market entry consulting firm, FRD Center, has been researching the sector and produced a DEMO study with this summary:

1 – Technical Education in Romania
Examples of technical universities
Examples of international collaborations
2 – Hi-tech Industrial Manufacturing
Statistics
Hi-tech manufacturers (examples)
New technologies, investments (examples)
Events, conventions, conferences
3 – Innovation and Development
Industrial parks
Clusters – members, international affiliations
Achievements, international recognition
Investments and funding
R&D Institutes, state support

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

From the technology Sector in Romania – hi-tech developments study:

Established in 1818, the University Politehnica of Bucharest (UPB) is the largest and most important technical university in Romania. Currently, it includes 15 different faculties, such as:
of Electrical Engineering
of Power Engineering
of Mechanical Engineering and Mechatronics
of Industrial Engineering and Robotics
of Biotechnical Systems Engineering
of Aerospace Engineering
of Medical Engineering
of Automatic Control and Computer Science
of Electronics, Telecommunications and Information Technology

In partnership with the University Nova of Lisbon in Portugal, the University Politecnica delle Marche in Italy, the National University of Distance Learning from Madrid in Spain and the University of Tel Aviv in Israel they have launched in February 2022 the project “Education 4.0: Living Labs for the Students of the Future”.

Based on official data from the National Institute of Statistics, the manufacturing industry in Romania has increased by 7% as gross series in 2021 compared to 2020 and the following relevant growths have been recorded:
• manufacturing of computers, electronic and optical products: +11.1%
• manufacturing of electric equipment: +13.6%

In 2021 compared to 2020, the turnover in the manufacturing industry in Romania has increased by 19.4% in nominal terms. The following relevant increases have been recorded:
• manufacturing of computers, electronic and optical products: +12.2%
• manufacturing of electric equipment: +26.6%

The new orders in the Romanian manufacturing industry have increased in nominal terms by 18.6% in 2021 compared to 2020 and growths have been registered for the following relevant categories:
• manufacturing of computers, electronic and optical products: +14.9 %
• manufacturing of electric equipment: +25.4 %

According to Eurostat data, in 2020, Romania manufactured
• other electronic integrated circuits n.e.c. worth of 478.39 mEUR
• parts of integrated circuits and microassemblies, excluding circuits consisting solely of passive elements worth of 173.85 mEUR
• electronic pressure gauges, sensors, indicators and transmitters worth of 32.63 mEUR

The Canadian Group Celestica has production facilities in Bors, Bihor county, NW Romania. The capabilities include printed circuit assembly, systems assembly, systems integration and engineering. It has clients in the European enterprise, telecommunications and consumer markets. With a team of around 1,400 employees, Celestica Romania has reached a net turnover of 278 mEUR in 2020.

UTI Grup is a Romanian innovative technology group. It has five business lines: IT&C, security systems, intelligent transportation solutions, construction and facility management. The covered market segments are: smart cities, airports, defence, manufacturing, environment, retail, health, education etc.

Systronics, part of the Swiss Group Cicor, has an electronics manufacturing services (EMS) site in Arad, Western Romania. It offers complete outsourcing solutions for the manufacturing of electronics component assemblies, devices and systems. Its main activities are: printed circuit boards assembly, test engineering, box building, tool design and fabrication. In 2020, Systronics has reached a net turnover of almost 58 mEUR.

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

E-Distributie has invested over 180 mEUR in 2021 in modernizing, digitalizing and expanding the electricity grid in Bucharest and ten counties in Romania. The digitization investments have targeted remote control systems and smart meters.

Tailent is a Romanian technology company known for developing intelligent software robots and democratizing access to Robotic Process Automation (RPA) solutions.

The development of new technologies is a constant process at the Continental automotive electronics components factory in Timisoara, Western Romania. The emergence of increasingly innovative types of components leads to a significant expansion of the product portfolio through the implementation of Industry 4.0 technologies. One recent example is the digital on-board instrument which supports the driver with settings and basic information about speed, fuel status, navigation, multimedia system.

SCHURTER Electronics Romania is increasing its production area and capacity to meet future requirements. SCHURTER Romania is the production plant for EMS, EMC and Solutions and works closely together with the competence center in Mendrisio and the Solutions department in Lucerne.

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

Canadian company RockTech Lithium will build a factory in Romania to produce components for electric car batteries. According to the Romanian Government, the investment will amount to 400 mEUR. According to the company, the plant in Romania would create about 700 direct and indirect jobs and produce enough lithium hydroxide for 500,000 electric cars per year.

For over 20 years, FRD Center facilitates commercial relations between foreign manufacturers, investors, exporters with local key decision makers and provides B2B matchmaking at Decision Maker level, Market Research etc.

Email: europa@frdcenter.ro with your specific demand for local support

The 10th edition of the most important technology event in Romania – GoTech World – has taken place online during 10 – 11 November 2021. The major themes have been: business digitization, cybersecurity, smart city, neural engineering, space agriculture and gaming-inspired medical devices. 134 international speakers and experts have participated at 116 online presentations, debates and workshops and the sessions have been attended by 15,147 professionals from 5,848 companies. The edition GoTech World 2022 is forecasted to take place during 12 – 13 October in a physical and online format and the themes will be: main stage, IT Ops, Java, DevOps, cybersecurity, smart city, e-business, digital marketing, business transformation and retail. GoTech World is the largest IT & digital business event organised in Central and Eastern Europe.

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

The National Institute of Research and Development in Mechatronics and Measurement Technique – INCDMTM will organize during 8 – 9 September 2022 the 2nd edition of ICoRSE International Conference on Reliable Systems Engineering.

Energynomics organizes during March – November 2022 seven events dedicated to Digitalization & Energy Efficiency in various cities in Romania: Brasov, Cluj Napoca, Oradea, Constanta, Sibiu and Iasi. Some of the topics are: smart cities, smart buildings, energy efficiency in industry, solutions based on state-of-the-art technologies, electric mobility, waste-to-energy. The partners in organising the events are: ABB, Engie and Kawasaki.

The regional industrial developer CTP is the largest owner of industrial and logistic spaces in Romania. It has 15 parks in the country, with over 2 million sqm of gross lettable area. CTP targets to invest 300 mEUR in Romania in 2022. Its main industrial park – CTPark Bucharest West – covers 750,000 sqm and targets to become the Europe’s largest industrial park. At the 16th annual SEE Real Estate Awards in 2021, CTPark Bucharest West ranked 1st in the industrial project category. Other parks owned by CTP in Romania are: CTPark Bucharest North, CTPark Cluj, CTPark Arad, CTPark Timisoara II, CTPark Sibiu or CTPark Pitesti.

For over 20 years, FRD Center facilitates commercial relations between foreign manufacturers, investors, exporters with local key decision makers and provides B2B matchmaking at Decision Maker level, Market Research etc.

Email: europa@frdcenter.ro with your specific demand for local support

Set up in 2011, ELINCLUS is an electronics innovation cluster. Its areas of activity are: mechatronics, automotive, aerospace, naval, agriculture and communications. The cluster members include SMEs involved in the development of electronic products for various fields, such as: telecommunications, intelligent systems, automation, monitoring and control, high precision measurements etc. ELINCLUS organises periodically workshops, conferences, exhibitions, professional competitions, specialized trainings, meetings for funding opportunities. One example of major event organised by the cluster is the International Symposium for Design and Technology in Electronic Packaging. The cluster has 83 members.

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

Founded in 2010, Mechatrec is a strategic innovative cluster in the mechatronics smart specialization field. Its objectives are to increase the computerization and cybernization in the mechatronics industry, to increase the added value of the smart manufacturing value chains and to develop new advanced products, technologies and services in the mechatronics, integronics and adaptronics sectors. It collaborates with various international clusters, such as MecaTech in Belgium. Mechatrec has over 140 members, such as:

  • Uttis Industries
  • East Electric
  • National Institute of Research and Development in Mechatronics and Measurement Technique
  • University Politehnica of Bucharest

Set up in 2013, the Magurele High Tech Cluster project is the premise for the opportunities created by the ELI – NP Project not to be wasted due to the insufficiently fast and sustainable underdevelopment of the private sector and the lack of resources for successful positioning of the cluster, component entities, innovative products / services generated. on international markets.

The member entities of the cluster decided to focus on capitalizing on the results of scientific research conducted on the Magurele Physics Platform and, in particular, of the Extreme Light Infrastructure – Nuclear Physics Project.

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

The Romanian national robotics team AutoVortex has won in February 2022 the silver trophy at the International Robotics Championship in Saint Petersburg, Russia. Founded in 2012 in a garage near Bucharest, AutoVortex is a very successful project of the Romanian Association of Economic Studies. Starting with 2014, the team has participated at various international competitions and won many awards. The main sponsor in the software industry for the very talented team is the technology and consulting company Softelligence which has announced in February 2022 the extending of their current partnership for another two years. Softelligence has also supported the national robotics team in 2021 to participate at the Dubai 2020 International Exhibition of Technology and Innovation.

The technology-focused venture capital firm Catalyst Romania has launched in February 2022 its second venture capital fund targeting TMT companies after raising 50 mEUR. During the initial investment period, Catalyst Romania Fund II plans to provide 1 – 3 mEUR to 16 Romanian companies in order to support their growth targets and international expansion objectives. Catalyst Romania Fund II has been established with support from the European Investment Fund with capital from Jeremie Romania Reflows and the EU’s InnovFin Programme and LP contributions from various investors.

For over 20 years, FRD Center facilitates commercial relations between foreign manufacturers, investors, exporters with local key decision makers and provides B2B matchmaking at Decision Maker level, Market Research etc.

Email: europa@frdcenter.ro with your specific demand for local support

In February 2022, the Ministry of Economy has gathered project proposals to qualify for funding through NRRP for the revitalization of the microelectronics sector in Romania. They target large-scale innovative industrial projects to develop cutting-edge capabilities and early industrial applications in critical parts of the value chain in microelectronics and communications technology. The Romania’s NRRP has been accepted by the European Union, with the reservation of the amount of 500 mEUR for the invigoration of microelectronics in Romania.

The FRD Center demo study about the technology Sector in Romania – hi-tech developments is available for free download at the link: https://www.frdcenter.ro/wp-content/uploads/2022/03/Technology-Sector-in-Romania-by-FRD-Center.pdf

Founded in 2004 by a Government Decision, the National Institute for Research and Development in Electrical Engineering ICPE-CA is a promoter of the knowledge-based progress in the field of electrical engineering. It is coordinated by the Romanian Ministry of Education. The Institute is an active participant in foreign programmes: Horizon 2020, Competitiveness Operational Programme – POC 2014-2020, FAIR accelerator facility etc.

The National Institute for Research and Development in Microtechnologies – IMT Bucharest is a public organization, coordinated by the Romanian Ministry of Education. It has been set up through a Decision of the Romanian Government in 1996. It has ten R&D laboratories and four centres: Research centre of excellence in micro and nanosystems for radiofrequency and photonics, Centre of nanotechnologies, Research centre for integration of technologies and Research centre for nanotechnologies and carbon-based nanomaterials. IMT Bucharest has been involved in various international projects and collaborates with entities such as: European Space Agency, Eureka, FLAG-ERA, M-era.NET etc.

Are you looking to research the Romanian market and study the local players?

Upon demand from Clients, FRD Center is generating data collection, primary research, market and sector studies, players analyses in Romania and other markets in CE Europe, Eastern Europe and SE Europe.

FRD Center identifies and selects the local players according to the Client’s criteria, provides In-Depth Analysis and Target Origination services.

For over 20 years, FRD Center facilitates commercial relations between foreign manufacturers, investors, exporters with local key decision makers and provides B2B matchmaking at Decision Maker level, Market Research etc.

Email: europa@frdcenter.ro with your specific demand for local support

What do you know about the Technical Education in Romania in 2022?

Technical Education in Romania in 2022

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What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

Here are just a few findings:

1.1 Main faculties brief profiles
Established in 1818, the University Politehnica of Bucharest (UPB) is the largest and most important technical university in Romania. Currently, it includes 15 different faculties: Faculty of Electrical Engineering, Faculty of Power Engineering, Faculty of Mechanical Engineering and Mechatronics, Faculty of Industrial Engineering and Robotics, Faculty of Biotechnical Systems Engineering, Faculty of Aerospace Engineering, Faculty of Material Science and Engineering, Faculty of Medical Engineering, Faculty of Engineering in Foreign Languages, Faculty of Entrepreuneurship, Business Engineering and Management, Faculty of Automatic Control and Computer Science, Faculty of Electronics, Telecommunications and Information Technology, Faculty of Applied Sciences, Faculty of Applied Chemistry and Materials Science, Faculty of Transports. Their classrooms and laboratories are located in three distinct campuses in Bucharest. Through sustained innovation, UPB has developed sections and a curriculum in line with the most innovative technologies on the market. One example is the license specialization in IIDI – Internet of Things Engineering. In November 2021, UPB has launched its own digital platform for the Erasmus+ programme, facilitating the enrolment process for international students.

The Technical University of Cluj Napoca (UTCN) includes 12 faculties located in Cluj Napoca and Baia Mare academic centres and in Alba Iulia, Bistrita, Satu Mare and Zalau locations. They are: Faculty of Industrial Engineering, Robotics and Production Management, Faculty of Automotive, Mechatronics and Mechanical Engineering, Faculty of Electrical Engineering, Faculty of Materials and Environmental Engineering, Faculty of Civil Engineering, Faculty of Building Services Engineering, Faculty of Engineering, Faculty of Electronics, Telecommunications and Information, Faculty of Automation and Computer Science, Faculty of Architecture and Urban Planning, Faculty of Sciences and Faculty of Humanities. The educational offer is aligned to the Bologna system and includes bachelor, master, doctoral and continuous training programs. UTCN has over 400 international inter-university collaboration agreements. It is member of the European University of Technology EUt+.

What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

The Politehnica University of Timisoara (UPT) comprises ten faculties: Faculty of Mechanical Engineering, Faculty of Electrical and Power Engineering, Faculty of Civil Engineering, Faculty of Industrial Chemistry and Environmental Engineering, Faculty of Engineering in Hunedoara, Faculty of Electronics, Telecommunications and Information Technologies, Faculty of Automation and Computing, Faculty of Management in Production and Transportation, Faculty of Architecture and City Planning and Faculty of Communication Sciences. The faculties provide education programmes to approximately 13,500 students. Within the 25 departments of the university work around 800 teachers. The didactic activity is organised in line with the Bologna system, with bachelor, master and doctoral studies. Furthermore, it offers postgraduate programmes. UPT has 25 research centres. The university has over 190 cooperation agreements with universities in Europe, USA, Canada, South America and Asia.

The Gheorghe Asachi Technical University in Iasi (TUIASI) comprises 11 faculties: Faculty of Mechanical Engineering, Faculty of Machine Manufacturing and Industrial Management, Faculty of Electrical Engineering and Applied Informatics, Faculty of Material Science and Engineering, Faculty of Hydrotechnical Engineering, Geodesy and Environmental Engineering, Faculty of Chemical Engineering and Environmental Protection, Faculty of Civil Engineering and Building Services, Faculty of Automatic Control and Computer Engineering, Faculty of Electronics, Telecommunications and Information Technology, Faculty of Textiles, Leather and Industrial Management and Faculty of Architecture. TUIASI has 73 partnerships with universities in Romania and abroad. The University has 23 scientific research centres and it is involved in 350 national and international projects and research contracts worth over 9 mEUR. TUIASI has 670 laboratories, out of which 14 high-performance research laboratories.

What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

1.2 Number of graduates
According to the latest available data from the Ministry of Education, 80,188 students have been enrolled in license university studies in the engineering, processing and construction specialisation in the 2019-2020 academic year in Romania.

In its best years, the University Politehnica of Bucharest delivers 3,500 – 3,600 graduates.

1.3 Partnership with companies, with foreign universities etc.
The University Politehnica of Bucharest in partnership with the University Nova of Lisbon in Portugal, the University Politecnica delle Marche in Italy, the National University of Distance Learning from Madrid in Spain and the University of Tel Aviv in Israel have launched in February 2022 the project “Education 4.0: Living Labs for the Students of the Future”. The project represents the launch of a collaborative platform for the Industry 4.0 and will develop an international network of interconnected labs with research and IoT infrastructure and extensive data sets. The project is co-financed by the European Commission through the Erasmus+ programme: Partnership in Higher Education (KA220-HED) and will have a duration of 36 months.

What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

The University Politehnica of Bucharest has opened in December 2021 an International Center of Excellence in Artificial Intelligence. It is organised in partnership with the Technical University of Moldova in Chisinau. The University Politehnica of Bucharest plays a major role in the development of artificial intelligence methods and applications, with various national and international research and development projects in the field and significant number of scientific publications and patents.

In partnership with the CAMPUS Research Institute of the University Politehnica of Bucharest, the mobile operator Orange has opened in 2021 the first 5G laboratory in Romania. It is a hub where academia, start-ups and companies can innovate and test solutions based on the 5G technology. The advanced telecommunications architecture supports the digitization of several economic sectors using the 5G technology, such as smart cities, green technology, autonomous vehicles, transport, logistics, agritech, e-health and cyber security.

The University Politehnica of Bucharest in partnership with INSA Group, the most important network of public engineering schools in France, have organised in Romania in August 2021 the second edition of the Summer School – The way from smart buildings to smart cities. The event has provided students with the opportunity to better understand the engineers’ contribution in achieving the sustainable development goals.

The University Politehnica of Bucharest and Technion – Israel Institute of Technology have signed in June 2021 a three-year memorandum of understanding. The purpose of this collaboration is to support scientific and educational cooperation and to promote student exchange.

What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

The Technical University of Cluj Napoca, through the Energy Transition Research Center – EnTReC, is partner together with the Cluj International Airport and the Cluj Napoca City Hall in the Holistic Green Airport Project. The project has a total budget of 34 mEUR, out of which 25 mEUR allocated by the European Commission. It will develop innovative sustainable measures to reduce aviation carbon emissions and to improve energy efficiency, air quality, biodiversity and waste management. The project brings together 57 local and foreign partners and associated entities that form a diverse consortium combining a high level of experience and expertise.

The Politehnica University of Timisoara, through its e-Learning Centre, has organised in February 2022 free webinars related to the innovation in technology and science. The webinars have been organised in partnership with the EDEN Association and the Romanian Alliance of Technical Universities.

In May 2021, the Politehnica University of Timisoara has organised in partnership with the Obuda University in Budapest, Hungary the 15th International Symposium on Applied Computational Intelligence and Informatics – SACI 2021. The main topics of the event organised in Timisoara have been: computational intelligence, intelligent mechatronics, systems engineering, intelligent manufacturing systems, intelligent robotics etc.

What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

The Faculty of Mechanical Engineering within the Gheorghe Asachi Technical University in Iasi has been involved, together with the Technical University of Moldova in Chisinau, in a cross-border project worth 390,000 EUR to innovate in Industry 4.0.

The manufacturer of automotive components Continental Romania has strategic partnerships with the technical universities. The manufacturer has an active involvement in the students training and in attracting funds and grants for the research within the universities. Over 200 Continental employees actively participate, within Romanian universities, in the development of programmes in the automotive sector, such as: Artificial Intelligence, Machine Learning for Autonomous Driving, Researching Facility Management Industry 4.0 / IIoT Solutions Regarding Integrability / Interoperability and Supervision. Approximately 1,000 students have completed internships within Continental Romania in the 2020 – 2021 academic year.

What do you know about the Technical Education in Romania in 2022? Contact the market entry consulting firm FRD Center for more details at email: europa@frdcenter.ro

How to identify correctly the relevant Targets for acquisition in Romania and approach their Owners / Decision Makers?

How to identify correctly the relevant Targets for acquisition in Romania?

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How to identify Targets for acquisition in Romania and approach their Owners / Decision Makers? For over 20 years, FRD Center consultants assist the Foreign Buyers with Target Origination and Investment Project Sourcing in Romania and the region.

For more details email us at FRDCenter@market-entry.ro or europa@frdcenter.ro

The FRD Center methodology, tactics and offer of assistance include:

  • research the Romanian market for relevant potential Targets based on the profile and criteria provided by the Client (the Foreign Buyer)
  • provide the Client with a longlist of identified players and their brief profiles
  • shortlist and rank them by relevance (together with / by the Client)
  • initial reputation check on shortlisted players and their shareholders / Decision Makers in Romania (lawsuits, legal issues, other issues) – secondary research
  • approach (owner level / Decision Maker level) shortlisted players to check their willingness to sell / discuss M&A
  • introduce to the Client those that confirm such interest (if any)

More details at this link: https://www.frdcenter.ro/wp-content/uploads/2022/10/FRD-Center-Target-Origination-in-Romania-1.pdf

Some examples of Target Origination project conducted by FRD Center for the foreign clients looking to expand their operations in Romania and the region include:

Example 1 – Market expansion support in BPO sector in Romania and Bulgaria for foreign company : https://www.frdcenter.ro/portfolio/case-study-three-market-expansion-support-in-bpo-sector/

Based on the specific details received from the Client, FRD Center and the local partners in Bulgaria have identified the most relevant independent local players in the BPO and call center sector, prepared their in-depth profiles, and submitted these to the Client.

The Client selected the most interesting targets and provided the shortlist to FRD Center for the next phase: background checks. Those that turned out to have no issues, were contacted in confidence, at Owner or Decision Maker level without disclosing the identity of the Client and assessed their intention to sell the company.

The M&A Director of the Client-company received the Final Report with the outcomes of the discussions and proceeded to use the information internally.

Separate from this project, FRD Center is currently (2021-2022) providing Target Origination services in the BPO sector to a major group from the Middle East looking to acquire the Romanian operations of an international group of companies in the sector and thus expand to Europe via Romania.

How to identify correctly the relevant Targets for acquisition in Romania and approach their Owners / Decision Makers? More details at this link: https://www.frdcenter.ro/wp-content/uploads/2022/10/FRD-Center-Target-Origination-in-Romania-1.pdf

For Expansion opportunities in the BPO Sector in Romania and Emerging Europe as analysed by FRD Center in the Business Blog go to the link: https://market-entry-romania.blogspot.com/2021/09/expansion-opportunities-in-bpo-sector.html

The list of players active on the Romanian BPO sector include companies such as Computer Generated Solutions CGS:  https://www.cgsinc.com/en

Example 2 – Acquisition Target Origination in the Romanian LPG sector: https://www.frdcenter.ro/portfolio/acquisition-target-origination-in-the-romanian-lpg-sector/

FRD Center provided market research and analysis as and target search and in-depth scanning services. This resulted in a comprehensive market report – the LPG Distribution Market in Romania Report – and detailed profiles of the companies active in the LPG market in Romania. Also, the services provided by the FRD Center team were the selection of most suitable candidates, direct approach at Owner level for interest assessment, securing meetings with the target-companies and logistic support during the business itinerary in Romania. FRD Center also provided consultancy during discussions with the candidates for acquisition.

Example 3 – In-depth Market Analysis and Target Origination in the Aggregates Sector in Romania: https://www.frdcenter.ro/portfolio/target-origination-in-aggregates-market-in-romania/

In this project, FRD Center provided consulting services to a Client is a 224.7 million GBP profit (June 2007) building and construction materials company with headquarters in the UK looking to expand its operations in Central Eastern Europe, most likely through the acquisition of a local player in the aggregates sector.

FRD Center provided comprehensive market research services which resulted in a detailed market report, market opportunities assessment, in-depth analysis of local players in the Romanian aggregates market, background and reputation checks, commercial due diligence, detailed players profiles with Ownership, identification and selection of potential target-companies interested to be acquired, market entry strategies assessment.

The FRD Center target origination and deal origination in Romania have been required and, as follow-up, the FRD Center management team was invited by the Client to deliver also a comprehensive sector presentation to the company’s Board in London.

How to identify correctly the relevant Targets for acquisition in Romania and approach their Owners / Decision Makers? More details at this link: https://www.frdcenter.ro/wp-content/uploads/2022/10/FRD-Center-Target-Origination-in-Romania-1.pdf

One of the strongest players in the aggregates sector also operating on the Romanian market is Heidelberg Cement group: https://www.heidelbergcement.com/en/aggregates

Example 4 – M&A advisory services and Deal Origination in Renewable Energy in Romania: https://www.frdcenter.ro/portfolio/ma-advisory-in-renewable-energy/

The FRD Center Client was an Irish private equity investment fund focusing on renewable energy, wind farms. The Client was looking to make significant investments in green energy in Romania through the acquisition of a local player / several local players – wind farms – and has commissioned FRD Center to carry out a comprehensive Deal Origination and Target Search process.

Why expand to Romania? Romania is one of the most dynamic economies in Europe and a gateway to both the EU and Eastern European markets.

Here are some recent details about the Romanian economy:

In 2022, the Romanian economy is expected to grow with some 4.8% after a growth of 7% in 2021. According to the Finance Minister, the European Union recovery funds released under the PNRR will help Romania boost its investment spending to 6.7% of the GDP in 2022.

The Romanian Ministry of Finance 2022-2024 budget strategy estimates investment could reach 7.7% of GDP by 2024 and help the EU state’s economy grow 5% per year on average.

According to an analysis by Deloitte Romania, the M&A market in Romania reached an all-time record in 2021 in terms of number of deals, having recorded 137 transactions.

According to official provisional and revised data from National Bank of Romania, the foreign direct investment (FDI) in Romania more than tripled y-t-y in the first 10 months of 2021, from 2.13 bnEUR to 6.88 bnEUR.

Compared to other countries in Europe, Romania offers some of the best conditions and incentives for investors. It has low taxes and high yields. Romanian projects that foster sustainability and green economy development will receive significant support through a variety of state aid schemes for many years to come.

How to identify correctly the relevant Targets for acquisition in Romania and approach their Owners / Decision Makers? More details at this link: https://www.frdcenter.ro/wp-content/uploads/2022/10/FRD-Center-Target-Origination-in-Romania-1.pdf

More details at https://market-entry-romania.blogspot.com/2022/02/how-is-romanian-economy-doing-in-2022.html

For tailor-made market research, target origination, M&A advisory services, B2B matchmaking with Decision Makers in Romania and the Emerging Markets in Europe, for targets search and deal origination feel free to contact the FRD Center team at email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

Is your company strategy to expand internationally and enter the EU markets? Are you looking to expand globally? To acquire a local player in Romania or Eastern Europe? Perhaps we could collaborate.

How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?

How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?

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What are the opportunities for nearshore sourcing of furniture manufacturing in Emerging Europe? How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?

For 20 years, FRD Center has been assisting foreign furniture producers with their identification of new suppliers of various items and services in the manufacturing industry.

Are you looking for reliable local furniture manufacturers in Romania and other countries in Eastern Europe? For more details contact the FRD Center team at email europa@frdcenter.ro or FRDCenter@market-entry.ro and consult the link at https://market-entry-romania.blogspot.com/2020/05/furniture-manufacturing-in-emerging.html

Furniture manufacturing in Romania is a strong industrial sector that enjoys both good reputation and a long tradition. How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?

The Romanian furniture sector counts on experienced and qualified staff, innovative design, new technologies and locally sourced quality wood. Foreign manufacturers regularly outsource part of their production to specialised Romanian companies and furniture workshops.

A Case Study from the FRD Center activity Luxury furniture new suppliers qualifications in Romania for Dutch manufacturer is available at http://www.frdcenter.ro/portfolio/luxury-furniture-new-suppliers-qualifications-in-romania/

The Romanian furniture factories have manufactured products worth 2.49 bnEUR in 2018 and 2.32 bnEUR in 2019.

The industry had a shock in April and May of 2020. However, in total, 2020 had only a decrease of 1.4% compared to the previous year. In the second half of 2020, companies began to have more and more orders, both for the domestic market and for export.

A Case Study from the FRD Center activity: major Norwegian producer of speciality chairs and upholstered furniture with clients all over the world, mainly owners of conference halls, cinema theatres and auditories is available at https://www.frdcenter.ro/portfolio/furniture-manufacturers-qualification-in-romania/

How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe? The Romanian furniture production continueed to grow, in spite of the economic crisis generated by the COVID-19 pandemic. According to the Romanian Furniture Manufacturers Association, the Romanian producers exported furniture products worth 2.025 bnEUR in 2020.

Are you looking for new suppliers and new manufacturers to outsource your porduction in Romania and Eastern Europe? How to find the most relevant new suppliers in Romania and Eastern Europe? For more details go to the link: https://www.frdcenter.ro/wp-content/uploads/2021/10/FRD-Center-New-Suppliers-Search-and-Selection-services-Presentation.pdf

Some of the types of furniture produced in Romania include upholstered furniture, smart and ergonomic chairs, solid wood furniture, as well as functional retail furniture and contract furniture for HoReCa.

Some of the luxury furniture producers that FRD Center selected and approached on behalf of our Clients, international producers looking for new qualified suppliers in Romania, include:
Simex Group – www.simexgrup.ro
Mobex – www.mobex.ro
Quadra Invest – www.furniture-by-quadra.com
Monte Cristo Mobili – www.mcmobili.com
Resetar M – www.resetarm.ro
Sedirom – www.sedirom.ro
Italian Style Import Export – www.minuzzo.ro
Dragsil – www.mobilaluxlemnmasiv.ro

For tailor-made supplier qualification and B2B matchmaking with players in the furniture production and furniture assembly sector in the Emerging Markets in Europe feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459

According to the FRD Center analysis based on Eurostat data, the production of upholstered seats with metal frames in Romania has recorded a growth of 20% in 2018 compared to the previous year. Furthermore, the Romanian production of wooden furniture of a kind used in offices has been 13% higher in 2018 compared to 2017, as it results from the FRD Center calculations.

How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?

In the first five months of 2019, the Romanian furniture exports have increased by 6.9% compared to the same period of 2018. Romania exports furniture mainly to Germany, France, Italy, Slovakia, Czechia and UK.

According to the FRD Center calculations using ITC data, the Romanian exports of furniture, bedding, mattresses, mattress supports, cushions and similar stuffed furnishings, lamps and lighting fittings, illuminated signs, illuminated nameplates and prefabricated buildings have increased by 7% in 2019 compared to 2018, reaching almost 2.7 bnEUR.

How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?Some of the Romanian furniture manufacturing companies that FRD Center has been identifying during the years on behalf of the foreign producers interested to source furniture manufacturing in Romania include:

· Aramis Invest

· Ardudana

· Aviva

· Ecolor

· Elvila

· Famos

· Imar

· Italsofa

· Larix Mobila

· Lemet

· Mobexpert Group

· PGS Sofa & CO

· Plimob

· Rus Savitar (Casa Rusu Group)

· Sortilemn

· Staer International

· Taparo

Their profiles can be consulted in the FRD Center Furniture Manufacturing Nearshore Sourcing Guide available for free download at https://www.frdcenter.ro/wp-content/uploads/2020/05/Furniture-Manufacturing-in-Emerging-Europe-A-Nearshore-Sourcing-Guide-by-FRD-Center.pdf

as well as in the analysis https://market-entry-romania.blogspot.com/2020/05/furniture-manufacturing-in-emerging.html

Are you interested to outsource part of your furniture production and assembly in Eastern Europe?

Are you looking to reach the Decision Makers in the companies manufacturing furniture in the LCCs in Emerging Europe? How to find qualified furniture producers in Romania and the low cost countries in Eastern Europe?
For tailor-made supplier qualification and B2B matchmaking with players in the furniture production and furniture assembly sector in the Emerging Markets in Europe feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459

How to obtain primary research in Romania and Emerging Europe?

How to obtain primary research in Romania and Emerging Europe?

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Are you looking to collect data first hand from primary research in Romania and other markets in Eastern Europe? How to obtain primary research in Romania and Emerging Europe? Perhaps the FRD Center team can be of assistance to you.

Here are some details for you at https://market-entry-romania.blogspot.com/2022/01/how-to-obtain-primary-research-in.html

For more than 20 years we conduct B2B direct interviews with relevant players in the local markets and we assess their level of interest in a certain product or technology that our Clients are aiming to introduce on the market.

We cover directly the Romanian market and all the markets in Emerging Europe with a network of experienced local independent partners that cover their areas in the local languages.

How to obtain primary research in Romania and Emerging Europe?

Contact us at emails europa@frdcenter.ro and frdcenter@market-entry.ro for more details and an offer of services.

Here are some recent examples:

Example 1:

From the FRD Center direct interviews with representatives of agricultural farms with acid soils in the main area of interest in Central and Western Romania (Arad, Timis, Alba, Cluj, Sibiu, Hunedoara, Mehedinti, Gorj counties) done in a recent research for a Foreign Client from EU, it resulted that, according to this sample:

  • 40% do not use soil amendment products and are not interested in such products
  • 30% currently use soil amendment products
  • 30% used in the past soil amendment products; currently they do not use such products due to financial issues etc.

The sample interviewed grow arable cultures (crops of cereals), fruits, vegetables and vineyards.

Example 2:

For a Client based in Western Europe looking to outsource part of their production to Romania, FRD Center has conducted direct interviews with Relevant Managers from 17 selected Romanian manufacturers of metal racks, shop-fitting equipment, custom made metal warehousing solutions and industrial parts.

The manager answering the questions in this particular example was the Production Manager.

He was quite open to have such an interview and when he did not know the answer to the particular question (i.e about the CE marking) he enquired internally and provided the answer at a later stage.

Technologies used include: laser cutting of steel sheets, bending and grinding of metal sheets, metal sheet piece deburring / finishing, surface treatment with Time-Saver equipment, assembly of complete products.

From the interview it resulted that upon request from the Client they can source whatever type of stainless steel is required, including Stainless steel 304 2B of 1.4301 to 1.4307. They can provide separate delivery and packaging according to the Client’s requirements and they have experience in international trade, working already with several international companies from overseas.

Also, he was open to continue the discussion by email and involve his colleagues to provide additional technical details which he did not know at this stage.

How to obtain primary research in Romania and Emerging Europe?

Contact us at emails europa@frdcenter.ro and frdcenter@market-entry.ro for more details and an offer of services.

Example 3:

Upon the request from a Finnish consortium of firms specialised in state-of-the-art design and technologies for construction, FRD Center interviewed Decision Makers in major selected Romanian companies in architecture, building engineering, construction etc. and, based on the introduction of the Finnish consortium, assessed interest in potential collaboration and facilitated direct contact between the interested local parties and the Finnish firms.

Example 4:

Part of a comprehensive market research and opportunity assessment carried out for an Irish client looking to introduce their natural soil-improvement agricultural product onto the Romanian market, FRD Center provided also primary research with local potential buyers for the products of this Client.

All the interviewed targets which currently use or used in the past dolomite / limestone soil amendment products have a positive opinion about the products. They consider the products useful for their crops.

From the FRD Center interviews with agricultural farms with acid soils in other areas in Central and NW Romania done for this research, resulted that:

  • price is the main factor which determines their decision to use, or not, soil amendment products
  • the greatest majority of the potato growers in the Transylvanian plateau have acid soils which they amend with a sub-product resulting from the Azomures chemical fertilizers production. Azomures provides them with this residue for free – only the transport costs from the railway to their farms are covered by the farmers.
  • many of the farmers in NW region consider it too expensive to buy and transport soil amendments, since in their view such expenses are not justified by the yields

Example 5:

In the process of the B2B matchmaking and organisation of trade missions, FRD Center conducts direct interviews with the local players, at Decision Maker level, to assess their interest in foreign products or potential partners. FRD Center has been organising Trade Missions in and from Romania for more than 20 years.

One such example is an in-coming trade mission of technology manufacturers from the USA and Canada. Some of the participating companies were AFC HolcroftJemms CascadeFluxtrolDongan Electric and Orion, mainly targeting the automotive manufacturing sector but also the energy sector, heavy machinery and metallurgical industry.

For such a project, FRD Center conducted direct interviews with decision makers in companies such as Duroterm, TimkenFederal-Mogul Motorparts, Bodycote, Componente Auto, Ford, Dacia, Compa, Böhler Uddeholm, Magna, NTN-SNR Rulmenti, Roman Brasov, MAT Craiova, Titan Echipamente Nucleare, Schaeffler, Airbus Helicopters Romania, GIC Group, SILDVB Com, Euro Auto Plastic Systems (Faurecia), Uzina Mecanica Marsa, Star Transmission (Daimler Group).

How to obtain primary research in Romania and Emerging Europe?

Contact us at emails europa@frdcenter.ro and frdcenter@market-entry.ro for more details and an offer of services.

Example 6:

Following direct interviews with market players in the bio-food sector for a comprehensive market study conducted by FRD Center for the Royal Dutch Embassy in 2019, it resulted, among others that:

“The Romanian market of organic food products is dominated by imports. Currently, there is a fairly diversified selection of organic food products available in Romania. The offer consists mainly of organic processed foods and high-value products.

According to market sources, some 70-80% of the organic foods and beverages available on the Romanian market are imported.

The main categories of organic packaged food products sold on the Romanian market include:

-dairy products: cheese, cream cheese, butter, milk, yoghurt, drinking yogurt, sana, kefir

-baby food

-breakfast cereals

-flour, rice, pasta and noodles

-baked goods

-biscuits and snack bars

-oils and fats

-sweet and savoury snacks

-spreads, honey

-confectionary

-nuts and dried fruits

-ready made foods and salads

Organic F&B products are becoming more widely present on the Romanian market, both in specialised stores and in modern grocery chains. All major retailers have been allocating more shelf space and visibility to such products in the recent 2-3 years.”

Example 7:

According to the Coordinator of the Japan Branch of the League of Romanian Students Abroad (LRSA), interviewed by FRD Center for a recent research ordered by the main governmental Japanese body for foreign trade promotion, at the moment there are more than 20 Romanian students in Japan. They are either beneficiaries of the Japanese Ministry of Education scholarship or going through independent applications with financial support from the JASSO program. The LRSA believe that the number of Romanian students studying in Japan is higher, so they are constantly looking.

According to the Head of Japanese Language Department in the Babes-Bolyai University, interviewed by FRD Center for this survey, an average of 5 students from their university go to Japan to study every year.

How to obtain primary research in Romania and Emerging Europe?

Contact us at emails europa@frdcenter.ro and frdcenter@market-entry.ro for more details and an offer of services.

Example 8:

Following the interviews done by FRD Center in a recent research for a Client based in Western Europe with County Offices of Pedological and Agrochemical Studies (OSPAs) in the relevant areas for this research, some of the conclusions are:

  • The agricultural producers in Romania, especially the big and medium-sized ones, request soil tests to OSPA, including on soil acidity. In case the analysis reveals that the soils are acid, OSPA recommends the farmers to use soil amendment products. Subsequently, OSPA does not monitor the consumption of soil amendment products.
  • OSPAs do not have strategies or concrete plans to stimulate the use of soil amendment products; they only recommend to farmers with acid soils to use such products.
  • To their knowledge, overall, a number of Romanian farmers show interest to use (dolomite-based) soil amendment products.
  • The advantages of the dolomite-based soil amendment products are not sufficiently known by the Romanian farmers, especially by the small ones.
  • The soil amendment products are quite expensive, especially for small farmers.

Many small farmers do not know that they have acid soils because they do not afford to pay for soil tests to OSPA. For example, in Gorj county, the cost of a soil test is 240 RON / sample – and for a hectare 2 – 4 samples are necessary.

Example 9:

For an international Client, which positions itself as a leading global provider of competitive and market intelligence solutions, FRD Center has conducted B2B interviews in various sectors in several market research projects.

One of such projects conducted in Romania involved the interviewing of local decision makers in relevant SMEs in the building and constructions sector in regards to their perception, usage and purchase of Fixing Systems, such as Chemical Fixings, Construction Chemistry,  Steel Fixings, Drills, Bits and Abrasives, Insulation Fixing, Installation Systems etc.

The questionnaire included topics such as

Price

Product quality

Good value for money

Good corporate sustainability practices

Strong after-sales service

Good customer relationship

Delivery on-time (strong inventory of products)

Strong  innovative capacity

Strong brand

Based on the over 80 interviews conducted by FRD Center, the Client-firm was able to conclude – among other strategic topics – that the Romanian market of total fixing equipment was growing at a CAGR of 7.7% at the time.

How to obtain primary research in Romania and Emerging Europe?

Contact us at emails europa@frdcenter.ro and frdcenter@market-entry.ro for more details and an offer of services.

Example 10:

According to telephone interviews with the electricity companies’ representatives in Bulgaria carried out by the FRD Center local partners as part of a multi-country study on Smart Metering coordinated by the FRD Center, the penetration of electricity consumption meters whose readings can be extracted remotely, including smart meters, is 65% to 70% within those used in households.

Toplofikatsia Sofia EAD is one of the most important engineering structures of Sofia and is among the key energy systems for the whole of Bulgaria The company provides the heating of almost 1.5 million Sofia citizens by supplying heat to more than 430 000 household and business customers. The company manages and maintains approximately 2000 km (returning and returning) heat transmission network and over 16,800 subscriber stations.

The company has an annual investment program in which plans network reconstruction activities and exchange of old heat meters with smart meters in the subscriber stations.  The heat meters in the subscriber stations are approximately 1/3 smart, 1/3 adjustable to smart metering technology and 1/3 old.

During 2017 a tender for 4 300 smart meters in subscriber stations had been held and the winner was ITA COM.

According to the interview carried out by the FRD Center Bulgarian partners with reps of  Toplofikatsia Sofia EAD, the Losses on heat transmission network are 17% which is the highest percentage compared to any other energy sector.

In the same study coordinated by FRD Center in 2017, the Turkish partner of FRD Center carried out interviews with relevant local players. According to their phone call with CK Boğaziçi Elektrik, which is one of the main utilities in Turkey, it was disclosed that “ individual units (households) do not have authority to choose the smart meter brand in Turkey. All the decision-making power belongs to the distribution service operators. Ownership, distribution and installation rights belongs to these operators. They only need approval from EMRA (The Energy Market Regulatory Authority). Construction companies also do not have a right to choose the meter brand. It is again designated by DSOs. Before 2013, individual units could choose the smart meter brand, but it is not the case anymore.”

Are you interested in data collection and primary research? In private B2B interviews with KOLs and Decision Makers? Contact us at emails europa@frdcenter.ro and frdcenter@market-entry.ro for more details and an offer of services.

 

 

Expand to the Romanian market: risk or opportunity?

Expand to the Romanian market: risk or opportunity?

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Are you looking to expand to the Romanian market and thus to Europe? Is your company strategy to expand internationally and enter the EU markets? To acquire a local player in Romania or Eastern Europe? To establish strategic partnerships with local relevant players? Expand to the Romanian market: risk or opportunity?

Perhaps the FRD Center can be of assistance to you. More details at this link: https://www.frdcenter.ro/wp-content/uploads/2022/10/FRD-Center-Target-Origination-in-Romania-1.pdf

With a population of approx. 20 million inhabitants, Romania is the 2nd largest market in Central Eastern Europe (CEE) after Poland. It is one of the most dynamic economies in Europe with direct access to the Black Sea (Constanta Port).

For foreign investors and companies looking to expand to Emerging Europe and the EU, Romania is an attractive target. 

According to official provisional and revised data from National Bank of Romania, the foreign direct investment (FDI) in Romania more than tripled y-t-y in the first 10 months of 2021, from 2,130 mEUR to 6,881 mEUR.

Are you considering market expansion to Romania and Eastern Europe but you are not sure whether this is a good move? Expand to the Romanian market: risk or opportunity?

Are you looking for professional Market Opportunity Assessment in Emerging Europe? Here is a link for your consultation: https://www.frdcenter.ro/market-opportunity-assessment-in-emerging-europe/

Perhaps the FRD Center can be of assistance to you. Email us at europa@frdcenter.ro for more details.

For more than 20 years we have been conducting Market Opportunity Assessment researches in Emerging Europe for our foreign clients.

Compared to other countries in Europe, Romania offers some of the best conditions and incentives for investors. It has low taxes and high yields. Romanian projects that foster sustainability and green development will receive significant support through a variety of state aid schemes for many years to come. For example, one such scheme is for major investments exceeding 1 mEUR and another related to more than 100 jobs creation.

Expand to the Romanian market: risk or opportunity? The Romanian economy seems to be expanding in both manufacturing and services, with ICT a strong sector: Romania ranks 7th in ICT share in value-addedd.

Why expand to Romania? Romania is one of the most dynamic economies in Europe and a gateway to both the EU and Eastern European markets. 

For tailor-made market research, target origination, M&A advisory services, B2B matchmaking with players in Romania and the Emerging Markets in Europe, for targets search and deal origination feel free to contact the FRD Center team at email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

The Romanian GDP advanced 7.4% year-on-year in the third quarter of 2021, faster than a preliminary figure of 7.2%

Household consumption in Romania expanded 9.3% while imports increased at a faster rate of 9.4%.

Looking at the second quarter of 2021, Romanian GDP grew by 13.9% year-on-year, household consumption expanded faster (11.8% vs. 0.8%) and imports increased at a faster rate of 42.2%.

Expand to the Romanian market: risk or opportunity? For more details go to: https://market-entry-romania.blogspot.com/2021/12/expand-to-romanian-market-risk-or.html

According to the European Commission, Romania’s economy is expected to expand by 7% in real terms in 2021. Romania’s GDP growth in 2022 is forecast at 5.1%. By 2023, the Commission expects the Romanian economy to grow by 5.2%.

Contact us at email europa@frdcenter.ro or FRDCenter@market-entry.ro

More details about how can the FRD Center team be of assistance to you with strategic business introduction at Decision Maker Level in Romania and the region can be accessed at this link: https://www.frdcenter.ro/wp-content/uploads/2022/10/FRD-Center-Target-Origination-in-Romania-1.pdf

The fiscal and monetary measures adopted by Romanian authorities to help businesses cope with the effects of the pandemic have certainly helped the recovery, and it seems that the local economy can still offer good opportunities for foreign investors. There are plenty of factors that make Romania an attractive destination for FDIs – consumption is on the rise, real estate yields are still good, and the local share trading market is growing.

Funding for Romanian agriculture development in 2021

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What do you know about the Funding for Romanian agriculture development in 2021?
The Romanian Agency for Financing Rural Investments (AFIR) paid from European funds allocated to Romania through the European Fund for Agriculture and Rural Development (EAFRD) approx. 582 mEUR to farmers, processors, entrepreneurs and local public authorities in Romania, between October 16, 2020 – October 15, 2021.

How to reach the Decision Makers in the Romanian agriculture?

More details in the FRD Center analysis published at this link: https://market-entry-romania.blogspot.com/2021/11/romanian-farmers-received-582-meur-from.html

Are you interested in the opportunities presented by the Romanian agriculture and grain crops? Do you want to contact the local Decision Makers and establish strategic partnerships in Romania and Eastern Europe?

How to reach the Decision Makers in the Romanian agriculture? Perhaps the FRD Center – Factor Regional Development Center – can be of assistance to you. Email our team at europa@frdcenter.ro

Romania reaped a record 11.4 million tonnes of wheat this year. As for sunflower seeds, Romania registered this year the highest output since it joined the EU, by approximately 1.22 million tonnes higher compared to 2020.

More details in the FRD Center analysis at this link: https://market-entry-romania.blogspot.com/2021/08/record-wheat-crops-for-romanian.html

What do you know about the Funding for Romanian agriculture development in 2021? In the financial year 2019, AFIR made payments amounting to 524 mEUR, and in 2020, AFIR had a peak of payments of 656 mEUR for PNDR beneficiaries.

How to reach the most relevant players such as Romanian farms and farmers associations, Romanian importers and dealers of agricultural equipment and farm machinery? Perhaps the FRD Center – Factor Regional Development Center – can be of assistance to you. Email our team at europa@frdcenter.ro

In this financial year, from the European funds allocated to Romania, AFIR made payments amounting to 171.6 mEUR on behalf of farmers , beneficiaries of PNDR 2020, for investments in agricultural holdings, orchards, cooperation and producer groups. How to reach the Decision Makers in the Romanian agriculture?

What do you know about the Funding for Romanian agriculture development in 2021?

At the same time, the Agency paid 211.3 million euros to the local authorities , the public beneficiaries of PNDR 2020, for investments in basic infrastructure, access and cultural heritage in rural areas.

Also, the processors benefited from payments amounting to 68.5 million euros , and the entrepreneurs received funds amounting to 22.2 million euros for investments in the non-agricultural sector. The Local Action Groups (LAGs) benefited from the thematic subprogramme LEADER of payments amounting to 68.8 million euros.

What do you know about the Funding for Romanian agriculture development in 2021?

In addition, AFIR paid over 11 million euros for support measures financed under PNDR 2020, for knowledge transfer and information actions, counseling services, for restoring the potential of agricultural production affected by natural disasters and for risk management in agriculture.

How to reach the Decision Makers in the Romanian agriculture?

Are you interested in learning more about the agrotechnology, farm machinery, agribusiness equipment and the market opportunities in Romania, Bulgaria, in Poland, in Hungary etc.?

How to connect with the local buyers in the markets or with the specialised importer-distributors? Perhaps the FRD Center – Factor Regional Development Center – can be of assistance to you. Email our team at europa@frdcenter.ro

What do you know about the Funding for Romanian agriculture development in 2021?

MADR – the Romanian Ministry of Agriculture and Rural Development – announced the launch, between October 29, 2021 – January 31, 2022, of the first session of 2021 for submitting applications for funding for sub-measure 6.2 “Support for the establishment of non-agricultural activities in rural areas” and between November 2, 2021 – February 1, 2022 , of the first session in 2021 for submitting the Financing Applications for sub-measure 6.4 “Investments in the creation and development of non-agricultural activities”, from the National Rural Development Program 2014 – 2020.

The available allocations are 50 mEUR for SM 6.2 “Support for the establishment of non-agricultural activities in rural areas” and 100 mEUR for SM 6.4 “Investments in the creation and development of non-agricultural activities”.

The amounts will be intended to support the establishment and development of micro and small enterprises in the non-agricultural sector in rural areas, respectively to support micro and small enterprises in rural areas, which create or develop non-agricultural activities in rural areas.

How to reach the most relevant players such as Romanian farms and farmers associations, Romanian importers and dealers of agricultural equipment and farm machinery? Perhaps the FRD Center – Factor Regional Development Center – can be of assistance to you. Email our team at europa@frdcenter.ro

Manufacturing and New Suppliers in Eastern Europe

Manufacturing and New Suppliers in Eastern Europe

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What is the situation of Manufacturing and New Suppliers in Eastern Europe? The industrial manufacturing in Emerging Europe continues to attract foreign investment, growth of orders and requests from overseas clients in search for new suppliers. Industrial manufacturing continues to grow in Emerging Europe.

Are you searching for new suppliers in Eastern Europe? Are you looking to identify new vendors in the low-cost-countries in Eastern Europe?

Perhaps the FRD Center team can be of assistance to you. Here are more details for your info: https://market-entry-romania.blogspot.com/2021/03/analysis-of-industrial-manufacturing.html

How to reach the Decision Makers in the local companies producing plastic boxes, cases, crates and similar articles for the conveyance or packing of goods in countries such as Romania, Poland, Hungary, Bulgaria etc. in order to obtain their offers for nearshore sourcing?

Are you searching for new suppliers in Eastern Europe? Perhaps the FRD Center team can of assistance to you. Email us at europa@frdcenter.ro for more details.

What is the situation of Manufacturing and New Suppliers in Eastern Europe?

According to Eurostat, in 2020, in Romania were produced plastic boxes, cases, crates etc. worth over 24156 thEUR, while in Lithuania they produced worth over 34274 thEUR and in Czechia, worth over 80203 thEUR.

More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/11/producing-plastic-boxes-cases-crates.html

In 2020, the Polish production of plastic boxes, cases, crates and similar articles for the conveyance or packing of goods exceded 995217 thEUR while the Hungarian production exceeded 61587 thEUR

How to search and select the most relevant new suppliers in Eastern Europe? Email FRD Center at europa@frdcenter.ro for more details.

How to find the most relevant new suppliers in Romania and Eastern Europe? For more details go to the link: https://www.frdcenter.ro/wp-content/uploads/2021/10/FRD-Center-New-Suppliers-Search-and-Selection-services-Presentation.pdf

Are you interested in the developments and the opportunities presented by the Industrial Manufacturing sector in Emerging Europe? Are you looking outsource part of your production and assembly in Eastern Europe? Email us at europa@frdcenter.ro for more details.

Here are some details for your information: https://market-entry-romania.blogspot.com/2020/07/manufacturing-in-emerging-europe.html

What is the situation of Manufacturing and New Suppliers in Eastern Europe? According to the official statistics monitored by the market entry consulting firm FRD Center, the majority of the countries in Emerging Europe have been registering increases of their industrial manufacturing in the first eight months of 2021. Industrial manufacturing continues to grow in Emerging Europe. More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/10/industrial-manufacturing-continues-to.html

Are you searching for new suppliers in Eastern Europe?

For example, in Lithuania, between January–August 2021, the industrial production totalled 17.2 bnEUR at current prices and, compared to the same period of 2020, calendar adjusted, increased by 17.2% at constant prices. More details in the Lithuanian Official Statistics portal at https://osp.stat.gov.lt/en/informaciniai-pranesimai?articleId=9214667

What is the situation of Manufacturing and New Suppliers in Eastern Europe? More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/10/industrial-manufacturing-continues-to.html

As for Romania, in the first eight months of the year, the total output increased by 12.7% YoY. According to the National Statistics Institute, the Romanian production of electric and electronic devices continues growing at robust rates. Other manufacturing sectors, such as construction materials and metallic constructions, maintain on an upward trend.

Are you searching for new suppliers in Eastern Europe?

The Romanian manufacturing industry went up 13.7% and the production and supply of electricity, gas, steam and air conditioning went grew by 12.3%. Y-o-y, in August 2021 the Romanian industrial production (unadjusted data) increased by 3%, as a result of increases in the production and supply of electricity, gas, heat and air conditioning (+ 7.4%), manufacturing industry (+ 2.5%) and the mining and quarrying sector (+ 0.5%). More details on the Romanian Statistics Institute website at the https://insse.ro/cms/en

More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/10/industrial-manufacturing-continues-to.html

For an example of a FRD Center project to support the identification of New Vendors in Eastern Europe: Metal sheet parts new vendors identification in Eastern Europe for global industrial manufacturing companies please consult the link: https://www.frdcenter.ro/portfolio/metal-sheet-parts-new-vendors-identification/

Are you searching for new suppliers in Eastern Europe?

The FRD Center “demo” report covers various aspects of the Manufacturing in Emerging Europe: Bulgaria, Czech Rep, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey. It is available for free download and consultation at https://www.frdcenter.ro/wp-content/uploads/2020/07/Manufacturing-in-Emerging-Europe-A-Multi-country-Market-Research-by-FRD-Center.pdf

Are you looking outsource part of your production and assembly in Eastern Europe? Are you looking for new suppliers in Romania and the region? If you need the FRD Center support and assistance with new suppliers search and selection email us at europa@frdcenter.ro for more details.

Industrial manufacturing continues to grow in Emerging Europe. Are you searching for new suppliers in Eastern Europe?

More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/10/industrial-manufacturing-continues-to.html

In regards to Slovenia, compared to August 2020, the total value of industrial production in August 2021 was higher by 8.4%. It was higher in manufacturing (by 9.8%) and in electricity, gas, steam and air conditioning supply (by 1.4%). Compared to August 2019, the total value of the Slovenian industrial production in August 2021 was higher by 5.7%. More details in the Slovenian Statistics Office website at: https://www.stat.si/StatWeb/en/News/Index/9902

For an example of a FRD Center project to support the market development in Eastern Europe of a Scandinavian Metallurgical Group consult the link https://www.frdcenter.ro/portfolio/case-study-fourteen-market-development-scandinavian-metallurgical-firm/

Industrial manufacturing continues to grow in Emerging Europe. The Hungarian industrial production rose by 10.3 % YoY in July 2021, following an increase of 18.6% YoY in the previous month. More details at https://www.ceicdata.com/en/indicator/hungary/industrial-production-index-growth

Are you searching for new suppliers in Eastern Europe?

In August 2021, the volume of industrial production in Hungary grew by 2.6% year-on-year, according to raw data. In the first eight months of the year, Hungarian production output was 15.3% higher than in January-August 2020. More details in the article published at https://bbj.hu/business/industry/manufacturing/industrial-production-up-in-august

More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/10/industrial-manufacturing-continues-to.html

Here are some more details about the Industrial Manufacturing in Emerging Europe in the COVID19 pandemic at https://market-entry-romania.blogspot.com/2020/09/east-european-manufacturing-sector-is.html and also at https://market-entry-romania.blogspot.com/2020/07/manufacturing-in-emerging-europe.html

According to the Polish Statistics Office GUS, in August 2021, Poland’s industrial production growth expanded 13.2% year-on-year after growing 9.8% y/y in July. More details at the link https://stat.gov.pl/en/topics/industry-construction-fixed-assets/industry/production-of-major-industrial-products-in-august-2021,2,106.html

Are you searching for new suppliers in Eastern Europe?

For an example of a FRD Center project to support an Irish private equity investment fund focusing on renewable energy to identify acquisition targets in Romania, wind farms go to https://www.frdcenter.ro/portfolio/ma-advisory-in-renewable-energy/

Industrial manufacturing continues to grow in Emerging Europe. More details in the FRD Center analysis published at the link: https://market-entry-romania.blogspot.com/2021/10/industrial-manufacturing-continues-to.html

As for Bulgaria, its industrial output rose by 10.8% year-on-year in August, following an annual increase of 8.6% in the previous month, according to the National Statistical Institute (NSI) quoted in the article https://seenews.com/news/bulgarias-industrial-production-grows-108-yy-in-aug-table-756758

Are you searching for new suppliers? Are you looking to identify new vendors in the low-cost-countries in Eastern Europe? Perhaps the FRD Center team can be of assistance to you. Here are more details for your info: https://market-entry-romania.blogspot.com/2021/03/analysis-of-industrial-manufacturing.html

For over 20 years, FRD Center assists important foreign manufacturers identify new suppliers in Eastern Europe. Some of our Clients include General Motors, Marangoni Meccanica, Innovatec, Skeie Seating, PMR Consulting, Enterprise Ireland and others.

Are you searching for new suppliers in Eastern Europe? Email us at europa@frdcenter.ro for more details

Here is the example of a Success Case Study: The FRD Center Client for a recent technology sourcing for automotive OEM project was a major global automotive manufacturer. Their regional office in Eastern Europe, based in Poland, requested FRD Center’s support in identifying and selecting local companies offering specialised complex 3D CAD supported technology manufacturing process in view of sourcing to them certain operations. They hired FRD Center for our services of identification and selection of local technology companies for automotive OEM. More details at https://www.frdcenter.ro/portfolio/technology-sourcing-for-automotive-oem/

Market Opportunity Assessment in Emerging Europe for market expansion to Eastern Europe, Romania, Poland, Hungary, Bulgaria, Lithuania Serbia

Market Opportunity Assessment in Emerging Europe

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Are you considering market expansion to Eastern Europe but you are not sure whether there is sufficient market demand for your products or services? Are you looking for professional Market Opportunity Assessment and structured market research in Emerging Europe?

Are you trying to assess, in a professional way, whether your products are correctly priced? Do you want to know who are your competitors in a new market such as Romania, Hungary, Lithuania, Poland, Serbia or Bulgaria?

Perhaps the FRD Center can be of assistance to you. Email us at europa@frdcenter.ro for more details.

For more than 23 years we have been conducting Market Opportunity Assessment researches in Emerging Europe for our foreign clients.

Such studies include obtaining information from the Decision Makers in the local relevant companies, profiling in detail the local players – potential Customers for you, Competitors of yours already operating in the market etc. – assessing the market demand and the customers preferences etc.

Through mystery shopping techniques, we can obtain prices and offers from the competitors so that our Clients can benchmark their own offer for the local customers.

Other topics of interest include:

  • market dynamics and trends
  • expected market evolution in 3-5 years
  • market barriers and how to overcome them
  • recomendations for the rute to the market

Are you considering market expansion to Eastern Europe but you are not sure whether there is sufficient market demand for your products or services? Are you looking for professional Market Opportunity Assessment in Emerging Europe?

Perhaps the FRD Center can be of assistance to you. Email us at europa@frdcenter.ro for more details.

What are some of the Trade and Investment Opportunities in Romania in 2021?
Romania is one of the most dynamic economies in the region, the 2nd largest market in Central Eastern Europe and a gateway for foreign investors to both the European Union and the Eastern European markets and Russia.

Some key dynamic sectors of the Romanian economy observed by the market entry consulting firm FRD Center include:

BPO, SSC and services outsourcing
Electronic components and PCB manufacturing
Foods and beverages
Agriculture and agro-chemicals
Automotive manufacturing
Building and constructions
Healthcare and medical services
Manufacturing
Delivery and courier services
Pharmaceutical and chemicals production

For more details on the current market opportunities in these sectors, for new entries and developments, market expansion of main players, expectations for 2021 – 2022 consult this link https://market-entry-romania.blogspot.com/2021/03/trade-and-investment-opportunities-in.html

For an example of a Market Opportunity Assessment research project of FRD Center in the Chemical Fertilisers Market sector for a Middle Eastern producer looking to expand to the Eastern Europe and Romania go to the link: https://www.frdcenter.ro/portfolio/chemical-fertilisers-market-opportunity-assessment-in-romania/

Other researches to assess the market opportunity in Eastern Europe for our foreign Clients include:

  • for Finnish company, Piceasoft, in the IT&C and circular economy sector
  • for UK-based market research firm operating at global level looking for Market Research in Agricultural Sector in Romania about the Romanian Chemical Fertilisers Market
  • for Italian BPO group, Comdata, looking to expand to Romania and Bulgaria
  • for Israelian group of private businesspeople looking to expand to the Romanian market of services to the retail sector
  • for the Japanese governmental agency, JETRO, to assess opportunity and demand for specific Japanese services and products in Romania in IT, Foods& beverages etc.
  • for Irish company in precision plastics sector, Tocana Plastics
  • for US company producer of auto lubricants market
  • for Finnish governmental agency, Finpro / Business Finland, to assess specific foods market opportunity in Romania
  • for Spanish company in the logistics digitalization sector, Andamur
  • for Irish group in the soil amendment products industry
  • for Jordanian major player Manaseer Group interested to assess the Romanian and Bulgarian market of liquid fertilisers
  • for Dutch governmental agency to cover the Organic Food Market in Romania

Are you considering market expansion to Eastern Europe but you are not sure whether there is sufficient market demand for your products or services? Are you looking for professional Market Opportunity Assessment in Emerging Europe?

Perhaps the FRD Center can be of assistance to you. Email us at europa@frdcenter.ro for more details.

Romanian manufacturing industry

Industrial manufacturing continues to grow in Emerging Europe

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The industrial manufacturing in Emerging Europe continues to attract foreign investment, growth of orders and requests from overseas clients in search for new suppliers. Industrial manufacturing continues to grow in Emerging Europe.

Are you interested in the developments and the opportunities presented by the Industrial Manufacturing sector in Emerging Europe? Are you looking outsource part of your production and assembly in Eastern Europe? Email us at europa@frdcenter.ro for more details. Here are some details for your information: https://market-entry-romania.blogspot.com/2020/07/manufacturing-in-emerging-europe.html

According to the official statistics monitored by the market entry consulting firm FRD Center, the majority of the countries in Emerging Europe have been registering increases of their industrial manufacturing in the first eight months of 2021. Industrial manufacturing continues to grow in Emerging Europe.

For example, in Lithuania, between January–August 2021, the industrial production totalled 17.2 bnEUR at current prices and, compared to the same period of 2020, calendar adjusted, increased by 17.2% at constant prices. More details in the Lithuanian Official Statistics portal at https://osp.stat.gov.lt/en/informaciniai-pranesimai?articleId=9214667

As for Romania, in the first eight months of the year, the total output increased by 12.7% YoY. According to the National Statistics Institute, the Romanian production of electric and electronic devices continues growing at robust rates. Other manufacturing sectors, such as construction materials and metallic constructions, maintain on an upward trend.

The Romanian manufacturing industry went up 13.7% and the production and supply of electricity, gas, steam and air conditioning went grew by 12.3%. Y-o-y, in August 2021 the Romanian industrial production (unadjusted data) increased by 3%, as a result of increases in the production and supply of electricity, gas, heat and air conditioning (+ 7.4%), manufacturing industry (+ 2.5%) and the mining and quarrying sector (+ 0.5%). More details on the Romanian Statistics Institute website at the https://insse.ro/cms/en

For an example of a FRD Center project to support the identification of New Vendors in Eastern Europe: Metal sheet parts new vendors identification in Eastern Europe for global industrial manufacturing companies please consult the link: https://www.frdcenter.ro/portfolio/metal-sheet-parts-new-vendors-identification/

The FRD Center “demo” report covers various aspects of the Manufacturing in Emerging Europe: Bulgaria, Czech Rep, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey. It is available for free download and consultation at https://www.frdcenter.ro/wp-content/uploads/2020/07/Manufacturing-in-Emerging-Europe-A-Multi-country-Market-Research-by-FRD-Center.pdf

Are you looking outsource part of your production and assembly in Eastern Europe? Are you looking for new suppliers in Romania and the region? If you need the FRD Center support and assistance with new suppliers search and selection email us at europa@frdcenter.ro for more details.

Industrial manufacturing continues to grow in Emerging Europe.

In regards to Slovenia, compared to August 2020, the total value of industrial production in August 2021 was higher by 8.4%. It was higher in manufacturing (by 9.8%) and in electricity, gas, steam and air conditioning supply (by 1.4%). Compared to August 2019, the total value of the Slovenian industrial production in August 2021 was higher by 5.7%. More details in the Slovenian Statistics Office website at: https://www.stat.si/StatWeb/en/News/Index/9902

For an example of a FRD Center project to support the market development in Eastern Europe of a Scandinavian Metallurgical Group consult the link https://www.frdcenter.ro/portfolio/case-study-fourteen-market-development-scandinavian-metallurgical-firm/

Industrial manufacturing continues to grow in Emerging Europe. The Hungarian industrial production rose by 10.3 % YoY in July 2021, following an increase of 18.6% YoY in the previous month. More details at https://www.ceicdata.com/en/indicator/hungary/industrial-production-index-growth

In August 2021, the volume of industrial production in Hungary grew by 2.6% year-on-year, according to raw data. In the first eight months of the year, Hungarian production output was 15.3% higher than in January-August 2020. More details in the article published at https://bbj.hu/business/industry/manufacturing/industrial-production-up-in-august

Here are some more details about the Industrial Manufacturing in Emerging Europe in the COVID19 pandemic at https://market-entry-romania.blogspot.com/2020/09/east-european-manufacturing-sector-is.html and also at https://market-entry-romania.blogspot.com/2020/07/manufacturing-in-emerging-europe.html

According to the Polish Statistics Office GUS, in August 2021, Poland’s industrial production growth expanded 13.2% year-on-year after growing 9.8% y/y in July.  More details at the link https://stat.gov.pl/en/topics/industry-construction-fixed-assets/industry/production-of-major-industrial-products-in-august-2021,2,106.html

For an example of a FRD Center project to support an Irish private equity investment fund focusing on renewable energy to identify acquisition targets in Romania, wind farms go to https://www.frdcenter.ro/portfolio/ma-advisory-in-renewable-energy/

Industrial manufacturing continues to grow in Emerging Europe.

As for Bulgaria, its industrial output rose by 10.8% year-on-year in August, following an annual increase of 8.6% in the previous month, according to the National Statistical Institute (NSI) quoted in the article https://seenews.com/news/bulgarias-industrial-production-grows-108-yy-in-aug-table-756758

Are you searching for new suppliers? Are you looking to identify new vendors in the low-cost-countries in Eastern Europe? Perhaps the FRD Center team can be of assistance to you. Here are more details for your info: https://market-entry-romania.blogspot.com/2021/03/analysis-of-industrial-manufacturing.html

For over 20 years, FRD Center assists important foreign manufacturers identify new suppliers in Eastern Europe. Some of our Clients include General Motors, Marangoni Meccanica, Innovatec and others.

Email us at europa@frdcenter.ro for more details

The FRD Center Client for a recent technology sourcing for automotive OEM project was a major global automotive manufacturer. Their regional office in Eastern Europe, based in Poland, requested FRD Center’s support in identifying and selecting local companies offering specialised complex 3D CAD supported technology manufacturing process in view of sourcing to them certain operations. They hired FRD Center for our services of identification and selection of local technology companies  for automotive OEM. More details at https://www.frdcenter.ro/portfolio/technology-sourcing-for-automotive-oem/