Are you looking for manufacturing partners and new suppliers in Romania and Eastern Europe? Perhaps the FRD Center team can be of assistance to you. Email us at europa@frdcenter.ro with your own requirements for local new suppliers and strategic partners for outsourcing your manufacturing.
How to reach out Decision Makers in Engineering and Industrial Manufacturing in Emerging Europe? Perhaps the FRD Center can be of assistance to you. For local support in reaching out to the Decision Makers in such local companies email us at europa@frdcenter.ro
The FRD Center has been briefly researching this sector and has generated a “demo” report available for free download at the link https://www.frdcenter.ro/wp-content/uploads/2023/01/Hydrogen-production-in-Romania-FRD-Center-demo-report.pdf
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian industrial manufacturing, engineering, energy, building-assembly, metal constructions, steel works etc.
Email us at europa@frdcenter.ro and consult the link https://market-entry-romania.blogspot.com/2022/10/strategic-business-introductions-in.html
Topics in this FRD Center analysis are:
1. Why Romania?
2. Development plans
3. Players
4. Institutions
5. Legislation
6. Foreign collaboration
7. Events and communication
8. Investors and investments
It is considered that, once this cheap, competitive hydrogen from renewable energy has been produced, Romania can benefit from its huge gas transmission and distribution network. This is also an extremely powerful card for Romania, not only at the regional level, but at the European level.
Furthermore, in Romania there are all the hydrogen consumption applications where this energy can be capitalised. Romania has refineries where it can be exploited, also used in the production of steel, in the chemical industry, especially in the production of ammonia and fertilizers. Hydrogen can be used in the transport industry, especially heavy transport, in maritime transport, civil aviation.
Beyond the European funding, the legislation will bring money – investments of hundreds of billions of euros – from multiple sources, including banking, investment funds etc. to the hydrogen area.
For more details consult the FRD Center “demo” report HYDROGEN PRODUCTION IN ROMANIA available for free download at the link https://www.frdcenter.ro/wp-content/uploads/2023/01/Hydrogen-production-in-Romania-FRD-Center-demo-report.pdf
In October 2022, The Romanian Ministry of Energy has started the process of developing the “National Hydrogen Strategy and Action Plan”, part of the National Recovery and Resilience Plan (PNRR)
Relevant decision makers consider that the initiation of the process of developing the “National Strategy for Hydrogen”, part of the National Recovery and Resilience Plan (PNRR), is an important step for the creation of a functional hydrogen market in Romania and for the development of investments in this field.
Hydrogen production in Romania is a topic of great interest in the current context of decarbonisation of heavy industry or road freight transport.
As part of the reform no. 4 of the National Recovery and Resilience Plan (NRRP), Romania has to develop by the end of March 2023 a national hydrogen strategy and a strategic action plan with policies to guide, coordinate and mobilise public and private investments in the production, storage, transport and use of hydrogen.
Romania envisages an important role for the renewable (green) hydrogen in its future energy system. According to the Integrated National Energy and Climate Plan 2021 – 2030, Romania could opt for the use of hydrogen in industrial processes, considering that the replacement of the natural gas with hydrogen from renewable sources would result in significant decarbonisation and it is in line with the RepowerEU plan to reduce the use of fossil fuels from Russia.
For more details consult the FRD Center “demo” report HYDROGEN PRODUCTION IN ROMANIA available for free download at the link https://www.frdcenter.ro/wp-content/uploads/2023/01/Hydrogen-production-in-Romania-FRD-Center-demo-report.pdf
In June 2022, the Romanian Ministry of Energy approved a State aid scheme with the total budget of almost 150 mEUR through the NRRP to support investments in the construction of capacities for the production of renewable hydrogen via electrolysis. The scheme applies until 31 December 2023 and the maximum aid to be granted may not exceed 50 mEUR per investment project, per undertaking.
The scheme is open to micro, small, medium-sized or large enterprises active in the production of hydrogen or electricity, to administrative-territorial units, R&D national institutes in the field of energy, including associations or partnerships formed by those players.
According to the Vice President for Business Development of OMV Petrom, Romania could become a European hub of blue hydrogen as the country has gas resources, carbon storage capacities and a varied industry that can use this resource.
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian and East European energy, industrial manufacturing, IT&C, building-assembly, engineering, chemicals, agriculture, BPO and outsourcing, metal constructions, steel works etc.
Email us at europa@frdcenter.ro and consult this link for more details: https://market-entry-romania.blogspot.com/2022/10/opportunity-alert-facilitation-of.html
ICSI – the National Research and Development Institute for Cryogenic and Isotopic Technologies – https://www.icsi.ro/ – operates under the coordination of the Ministry of Research, Innovation and Digitalization. It includes a department – ICSI Energy – focused to develop, implement and disseminate hydrogen-based technologies in order to achieve a “hydrogen economy” in Romania.
The Intelligent Energy Association – https://asociatiaenergiainteligenta.ro/ – brings together professionals from the hydrogen, natural gas, electricity and energy efficiency fields in Romania. In October 2022, it participated at a meeting with the Ministry of Energy to prepare the national hydrogen strategy.
Part of the KMG International Group, Rompetrol Rafinare SA – https://rompetrol-rafinare.kmginternational.com/ – owns the Petromidia and Vega refineries. The Petromidia refinery has a hydrogen cracking plant. Rompetrol Rafinare targets a production of almost 4 million tonnes of fuels in 2022, out of over 5 million tonnes of raw materials targeted for processing. The firm recorded a net turnover of around 2.5 bn EUR in 2021.
A NATO member-state since 2004 and a full EU member since 2007, Romania is the second largest market in Central, Southern and Eastern Europe, after Poland.
It has a strong industrial manufacturing sector, oil & gas industry, agriculture, superb IT & software development. It has several maritime ports, considerable logistic sector and strong ship-building industry.
For more details go to the link: https://market-entry-romania.blogspot.com/2022/11/why-would-you-choose-to-relocate-or-to.html
According to the FRD Center analysis based on official data published by BNR (The National Bank of Romania), the foreign direct investments (FDI) in Romania went up 46.47% in the first eight months of 2022, compared to the same period of 2021, reaching 6.474 billion EUR.
As for the GDP, it increased y-t-y by 5.7% in the first semester of 2022. It is expected to grow by 3.5% in 2022, according to the National Commission for Strategy and Prognosis.
Since the war in Ukraine, several international players have been relocating their manufacturing sites to Romania. The latest to do so is the Finnish company Nokian Tyres which will invest 650 mEUR to construct a vehicle tire factory in Romania with the annual manufacturing capacity of 6 million tires.
As it results from the FRD Center analysis, in the first eight months of 2022 compared to the same period of the previous year, the turnover in the manufacturing industry in Romania increased by 23.6% in nominal terms, while the new orders in this sector rose by 18.9%.
In regards to the manufacture of food products in Romania, according to the FRD Center analysis, in the first eight months of 2022 it recorded a y-t-y growth as gross series of 4.4% while the manufacture of fabricated metal products, except machinery and equipment increased by 3.3%.
The Romanian manufacture of basic pharmaceutical products and pharmaceutical preparations increased by 4.6%.
The volume of the construction works in Romania increased by 6.6% as gross series in the first eight months of 2022 compared to the same period of 2021, as it results from the FRD Center analysis.
Romania will benefit of 29.18 bn EUR European funding through the National Recovery and Resilience Plan (NRRP).
One of the sectors to receive funding through the NRRP is the Romanian microelectronics sector. They will receive 500 mEUR to develop a strategic program of research and production of microchips and semiconductors in Romania.
Also through the NRRP, Romania receives 1.2 bn EUR for waste management projects and must implement the planned projects by 2026. One priority is the digitization of the waste management sector.
Romania has qualified professionals with Industry 4.0 skills and a developed IT infrastructure allowing the implementation of the latest technologies in the sector of the autonomous mobile robots.
Young Romanians participate at international competitions and win awards, such as the Delta Force team from the National High School of Informatics in Arad that won the big competition in Houston, USA in April 2022.
Romania ranks 10th among 132 countries for the ICT services exports (% total trade). It is one of the leading countries in the region in terms of BPO, ITO and SSC.
Major global companies opened centres in Romania for R&D, business services, custom software development etc.
In respect to agriculture, Romania is one of the largest players in Europe, with the utilised total agricultural surface of around 14 million hectares.
In the 2021-2022 commercial year Romania was the largest maize exporter of the EU and the second-biggest wheat exporter of the EU.
Furthermore, Romania was the largest sunflower producer in the EU in 2021.
Within the National Programme for the rehabilitation of the irrigation infrastructure, the Romanian Government approved in August 2022 allocations from the national budget of 1.5 bn EUR by 2027, with the target is to increase the irrigated surface of Romania from 1.8 million hectares to 2.6 million hectares.
According to Eurostat, with a production of 2.5 million of bicycles in 2021, Romania is the second largest manufacturer of bicycles in the EU.
According to the FRD Center analysis, the sectors of interest are:
1 – DIGITALIZATION IN ECONOMY: agriculture, waste management
2 – INDUSTRY 4.0 AND ROBOTICS: players, investments and developments
3 – INDUSTRIAL MANUFACTURING: players, investments and developments
4 – AGRICULTURAL TECHNOLOGY AND IRRIGATION: imports, investments and developments
5 – OIL & GAS: extraction, production, export, engineering, players examples
6 – BPO AND SOFTWARE DEVELOPMENT OUTSOURCING: players, investments and developments
7 – MICROELECTRONICS AND MICROCHIP PRODUCTION: players, investments and developments
For more details consult the link https://www.frdcenter.ro/wp-content/uploads/2022/11/MARKET-EXPANSION-TRADE-INVESTMENT-OPPS-IN-ROMANIA-2022-FRD-Center.pdf
Agriculture represents one of the most important economic sectors in Romania and it offers significant digitalization opportunities. The agricultural sector has potential to grow through the digitalization of certain processes and the implementation of technology in machinery.
Romania receives 1.2 bn EUR for waste management projects through the National Recovery and Resilience Plan and must implement the planned projects by 2026. Approximately 14,000 digitized underground ecological islands are expected to be installed for the selective collection of household or packaging waste, which can be monitored by authorities from a distance.
For more details about the Romanian digitalization development consult the link https://www.frdcenter.ro/wp-content/uploads/2022/11/MARKET-EXPANSION-TRADE-INVESTMENT-OPPS-IN-ROMANIA-2022-FRD-Center.pdf
Regarding the healthcare system digitalization, Romania targets to strengthen the telemedicine, to improve the digital infrastructure of the healthcare units, the mobile patient monitoring systems and the technical assistance for the development and integration of the digital health solutions.
The Ministry of Health announced in October 2022 investments of over 200 mEUR for the hospitals’ digitalization in Romania through the National Recovery and Resilience Plan.
The Romanian industry benefits from qualified professionals with Industry 4.0 skills. The major universities in Romania, such as the University Politehnica of Bucharest and the Technical University of Cluj Napoca, have faculties of industrial engineering and robotics. Romanians participated at various international competitions and won awards. One example is the Delta Force team from the National High School of Informatics in Arad that won the big competition in Houston, USA in April 2022.
For more details about the Romanian Industry 4.0 development consult the link https://www.frdcenter.ro/wp-content/uploads/2022/11/MARKET-EXPANSION-TRADE-INVESTMENT-OPPS-IN-ROMANIA-2022-FRD-Center.pdf
In spite of the problems generated by the energy prices in Europe, the manufacturing industry in Romania increased by 0.2% as gross series in H1 2022 compared to H1 2021, according to the National Institute of Statistics.
According to the National Institute of Statistics, the turnover in the manufacturing industry in Romania increased by 23.6%, in nominal terms, in the first eight months of 2022 compared to the same period of 2021. Furthermore, the new orders in the manufacturing industry increased by 18.9% in the first eight months of 2022 compared to the same period of the previous year.
Within the National Programme for the rehabilitation of the irrigation infrastructure, the Romanian Government approved in August 2022 allocations from the national budget of 1.5 bn EUR by 2027. The target is to increase the irrigated surface of Romania from 1.8 million hectares to 2.6 million hectares.
Romania has a history of over 160 years in the crude oil production and refining. Currently most of the fields are matured but the recent gas discoveries in the deep waters of the Black Sea indicate significant potential.
There are various companies specialised in engineering services in the oil and gas industry on the domestic market, both with Romanian and foreign ownership. Some relevant examples are: CIS Gaz, Saipem, Adrem Engineering, Raptronic Process Engineering, Roconsult Tech etc.
The Romanian software outsourcing is attractive for players looking for a convenient geographic location in Eastern Europe, growing economy, stable political and banking systems, developed IT sector, extensive talent pool, tech expertise, language skills and high-quality services at reasonable costs.
The Romanian authorities target to develop a national ecosystem in microelectronics that includes large companies, SMEs, national development centres and universities to be able to provide the necessary products for the automotive industry and other sectors of the economy.
It has a strong industrial manufacturing sector, oil & gas industry, agriculture, superb IT & software development. It has several maritime ports, considerable logistic sector and strong ship-building industry.
For tailor-made market research, target origination, strategic liaison 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
According to the FRD Center analysis based on official data published by BNR (The National Bank of Romania), the foreign direct investments (FDI) in Romania went up 46.47% in the first eight months of 2022, compared to the same period of 2021, reaching 6.474 billion EUR.
As for the GDP, it increased y-t-y by 5.7% in the first semester of 2022. It is expected to grow by 3.5% in 2022, according to the National Commission for Strategy and Prognosis.
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.
More details at https://www.frdcenter.ro/how-to-identify-correctly-the-relevant-targets-for-acquisition-in-romania/
For more details email us at FRDCenter@market-entry.ro or europa@frdcenter.ro
Since the war in Ukraine, several international players have been relocating their manufacturing sites to Romania. The latest to do so is the Finnish company Nokian Tyres which will invest 650 mEUR to construct a vehicle tire factory in Romania with the annual manufacturing capacity of 6 million tires.
As it results from the FRD Center analysis, in the first eight months of 2022 compared to the same period of the previous year, the turnover in the manufacturing industry in Romania increased by 23.6% in nominal terms, while the new orders in this sector rose by 18.9%.
In regards to the manufacture of food products in Romania, according to the FRD Center analysis, in the first eight months of 2022 it recorded a y-t-y growth as gross series of 4.4% while the manufacture of fabricated metal products, except machinery and equipment increased by 3.3%. Furthermore, the manufacture of basic pharmaceutical products and pharmaceutical preparations increased by 4.6%.
The volume of the construction works in Romania increased by 6.6% as gross series in the first eight months of 2022 compared to the same period of 2021, as it results from the FRD Center analysis.
Romania will benefit of 29.18 bn EUR European funding through the National Recovery and Resilience Plan (NRRP).
One of the sectors to receive funding through the NRRP is the Romanian microelectronics sector. They will receive 500 mEUR to develop a strategic program of research and production of microchips and semiconductors in Romania.
Also through the NRRP, Romania receives 1.2 bn EUR for waste management projects and must implement the planned projects by 2026. One priority is the digitization of the waste management sector.
Romania has qualified professionals with Industry 4.0 skills and a developed IT infrastructure allowing the implementation of the latest technologies in the sector of the autonomous mobile robots. Young Romanians participate at international competitions and win awards, such as the Delta Force team from the National High School of Informatics in Arad that won the big competition in Houston, USA in April 2022.
Access this link for more details: https://market-entry-romania.blogspot.com/2022/06/how-to-reach-out-to-decision-makers-in.html
Romania ranks 10th among 132 countries for the ICT services exports (% total trade). It is one of the leading countries in the region in terms of BPO, ITO and SSC. Major global companies opened centres in Romania for R&D, business services, custom software development etc.
Are you looking to expand to Romania and the region and buy a relevant local player? Perhaps the FRD Center can be of assistance to you. More details at the link https://market-entry-romania.blogspot.com/2022/10/opportunity-alert-facilitation-of.html
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian and East European industrial manufacturing, IT&C, building-assembly, engineering, chemicals, agriculture, BPO and outsourcing, metal constructions, steel works etc.
Email us at europa@frdcenter.ro
For more details go to the link: https://market-entry-romania.blogspot.com/2022/10/strategic-business-introductions-in.html
In respect to agriculture, Romania is one of the largest players in Europe, with the utilised total agricultural surface of around 14 million hectares.
In the 2021-2022 commercial year Romania was the largest maize exporter of the EU and the second-biggest wheat exporter of the EU. Furthermore, Romania was the largest sunflower producer in the EU in 2021.
For tailor-made market research, target origination, strategic liaison 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
Within the National Programme for the rehabilitation of the irrigation infrastructure, the Romanian Government approved in August 2022 allocations from the national budget of 1.5 bn EUR by 2027, with the target is to increase the irrigated surface of Romania from 1.8 million hectares to 2.6 million hectares.
According to Eurostat, with a production of 2.5 million of bicycles in 2021, Romania is the second largest manufacturer of bicycles in the EU.
And what is the connection between Dracula and Romania? Dracula is a novel by Bram Stoker, published in 1897. More details at https://en.wikipedia.org/wiki/Dracula The Count Dracula is the title character of Bram Stoker’s 1897 gothic horror novel Dracula – more details at https://en.wikipedia.org/wiki/Count_Dracula
In true American marketing style, but enough, say some, the brand “Dracula” is used to promote touristic sights in Transylvania, which is the Romanian central region.
Vlad Tepes (the Impaler), a member of the “Dracul Clan” in medieval Vallachia, currently part of modern Romania, was a real person and a Voivode of Wallachia three times between 1448 and his death in 1476/77. He is often considered one of the most important rulers in Wallachian history and a national hero of Romania. More details at https://en.wikipedia.org/wiki/Vlad_the_Impaler
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian and East European industrial manufacturing, IT&C, building-assembly, engineering, chemicals, agriculture, BPO and outsourcing, metal constructions, steel works etc.
Email us at europa@frdcenter.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
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
Successful, well-managed target sourcing and deal origination are essential to the success of a M&A in an emerging European market such as Romania.
To get there, it takes considerable work and thorough search & selection of the local players that fit a certain “Ideal Profile”.
Deal sourcing is fundamental to M&A activity and represents the first stage of any transaction. It involves identifying possible investment opportunities, favorably positioning your firm to prospective buyers and sellers, generating leads, and managing relationships with potential intermediaries. Source: “Guide to M&A deal sourcing and origination best practices” by Dyllan Thweatt at Affinity.co
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
More details in the posting https://market-entry-romania.blogspot.com/2022/05/how-to-find-companies-to-buy-and-invest.html
Romania is the 2nd largest market in Central, Southern and Eastern Europe, after Poland. It has a strong industrial manufacturing sector, oil & gas industry, agriculture, superb IT & software development. It has several maritime ports, ship-building industry, it is the largest sun-flower seeds producer in Europe and the 2nd manufacturer of bicycles.
Many companies and corporations from Asia, the Middle East and also North America, consider expansion to Europe via a strategic acquisition of a strong player in Romania.
In the latest three years, the FRD Center team has seen increasing interest from such buyers to identify, select and approach at Owner / Decision Maker level in order to check their interest to sell the company or form a strategic partnership.
Our international Clients looking to expand to Europe via an acquisition in Romania and / or the neighbouring countries, such as Poland, Hungary, Czechia, have hired the FRD Center services of target origination and deal sourcing.
FRD Center’s M&A arm offers, since 2006, an integrated set of strategic services for Buyers – including off-market business search and deal sourcing, target origination, approach at Decision Maker of potential Sellers, market research, competitors analysis, background checks and due diligence – to foreign companies interested to acquire a company in Romania and expand to Europe.
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
Also recently, a premium major group, multi-award winning customer experience solutions provider headquartered in the Kingdom of Bahrain, with operational centers from the GCC to South Africa, looking to expand to Europe via the acquisition of a player in Romania, have hired the FRD Center Buy-side pre-M&A Advisory services and target origination.
In 2021-2022, FRD Center was hired to assist with target search, selection and strategic intro to Decision Maker level, a Buyer-Client operating in SE Europe to correctly identify, select and contact at Owner level local software companies according to their specific requirements.
FRD Center’s M&A arm offers, since 2006, an integrated set of strategic services for Buyers – including off-market business search and deal sourcing, target origination, approach at Decision Maker of potential Sellers, market research, competitors analysis, background checks and due diligence – to foreign companies interested to acquire a company in Romania and expand to Europe.
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
More details at the link: https://market-entry-romania.blogspot.com/2022/06/how-to-reach-out-to-decision-makers-in.html
Recently, the FRD Center services for strategic business introduction at Decision Maker level were hired by a major Dutch manufacturing company specialized in innovative hatchery automation. This Client was looking for new suppliers and strategic business partners in the Romanian steel metal sheets parts manufacturing sector. The FRD Center team have thoroughly searched the local market for relevant players, selected the ones interested in a collaboration and organised direct business introductions at Decision Maker level with Romanian relevant players, identified and selected according to the Client’s requirements.
Another example of Strategic Business Introduction project in the industrial manufacturing sector carried out by the FRD Center team recently is that for an Italian highly qualified engineering company with production capabilities, which is further specializing in very large niche-market tires, such as those for agricultural, earth-moving machines, and mining trucks. At the forefront of the Tire machinery industry, this company sets, worldwide, the modern standards of sophisticated and customized tire assembly systems, especially for large and very large radial tires.
Thanks to our Business Partners Search and Selection services, they were able to contact directly the Manufacturing Services Manager of IRUM, the Executive Managers of Arsat Industrie and of Setro Metal Group, the CEO of RA-OL, the Technical Managers of Gemac SRL in Cluj-Napoca and of Metal Techniks SRL, as well as the Technical Director of Sipema SRL.
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian industrial manufacturing, building-assembly, metal constructions, steel works etc.
For more details, consult the link https://market-entry-romania.blogspot.com/2022/10/strategic-business-introductions-in.html
FRD Center’s M&A arm offers, since 2006, an integrated set of strategic services for Buyers – including off-market business search and deal sourcing, target origination, approach at Decision Maker of potential Sellers, market research, competitors analysis, background checks and due diligence – to foreign companies interested to acquire a company in Romania and expand to Europe.
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
For more details on the New Suppliers Search and Selection process please consult the presentation at the link https://www.frdcenter.ro/wp-content/uploads/2021/10/FRD-Center-New-Suppliers-Search-and-Selection-services-Presentation.pdf
Facilitation of Strategic Business Contacts in Romania and the region
For example, according to Softlead data collected during 1 April – 20 May 2022 from 100 factories in Romania, 84.4% of respondents plan to start digitization processes by the end of 2023 in order to increase their internal efficiency and productivity. Perhaps some of these companies could become your Clients.
For more details consult the demo report by FRD Center at the link: https://www.frdcenter.ro/wp-content/uploads/2022/08/Opportunities-in-digitization-and-industry-4.0-in-Romania.pdf
Perhaps the FRD Center team can be of assistance to you. Contact us by email at europa@frdcenter.ro
More details about the FRD Center services are available at https://www.frdcenter.ro/market-entry-consulting-services/market-entry-and-b2b-matchmaking-in-eastern-europe/
Another example of digitization development in Romania is the German manufacturer of automotive components Continental which targets to continue in 2022 its investments in Romania in innovative technologies, state-of-the-art equipment and new products.
Continental has invested in 2021 in products and technologies for auto vehicles with an increasingly advanced level of assisted and automated driving.
The Romanian industrial manufacturing sector is one of the strongest in the Emerging Europe. New investments in Industry 4.0 are being monitored by the market entry consulting firm FRD Center.
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
Which are the recent developments and new investments in Industry 4.0 in the Romanian industrial sector? More details at https://market-entry-romania.blogspot.com/2022/07/industry-40-investments-in-romania.html
Another potential opportunity for the foreign manufacturers of industrial robots looking to expand to the Romanian market is that the rolling stock manufacturer Astra Vagoane Calatori announced its plans to acquire industrial welding robots with 800,000 EUR in 2022. Controlled by a Romanian entrepreneur, the company has doubled its net turnover in 2021 compared to 2020, reaching 57 mEUR.
For more details consult the demo report by FRD Center at the link: https://www.frdcenter.ro/wp-content/uploads/2022/08/Opportunities-in-digitization-and-industry-4.0-in-Romania.pdf
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 integrated steel producer Liberty Galati has launched in 2021 projects to digitize and automate processes in order to ensure the cyber monitoring. Furthermore, the company has invested in automation equipment for coating pipe lines and to reduce the energy consumption and carbon emission by controlled injecting oxygen in the hot metal production process.
Romania’s largest energy producer Hidroelectrica has signed in June 2022 a contract for the modernization of the Gogosu dam. The value of the works amounts to approximately 8.4 mEUR and involves the implementation of automation systems and their integration in SCADA, modernization of electrical equipment, replacement of hydromechanical drive installations etc. The Gogosu dam is part of the Iron Gates II Hydropower and Navigation System, located in the SW region of Romania.
As it results from the FRD Center monitoring of the industry 4.0 development in Romania, the German manufacturer of automotive components Bosch has launched in November 2021 a laboratory dedicated to Industry 4.0 within the Technical University of Cluj Napoca, following an investment of around 280,000 EUR. The Bosch plant in Blaj, Centre Romania which manufactures electronic components and sensors, has implemented Industry 4.0 solutions, production monitoring systems and intelligent solutions for laser welding to increase its competitiveness.
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
In the packaging sector, the printing house Rottaprint has announced in 2022 that the automation and digitization will be its main targets in the next years. The company has already invested in the robotization of certain repetitive activities and in digital tools for a series of operations. Rottaprint produces self-adhesive labels and flexible packaging. They have extensive expertise in multiple printing technologies: flexography, screen printing and digital. The complex park equipped with state-of-the-art machinery allows them to offer tailor-made solutions for each product range.
The Romanian paper packaging manufacturer Exonia targets to invest 0.5 mEUR in 2022 to acquire robotic arms for the complete automation of the packaging line. The company aims to continue investing in digitization in the next years.
The household appliance manufacturer Arctic, part of the Turkish Group Arcelik, has completed in 2022 an investment of 37.8 mEUR in a new production line at the factory in Romania, doubling its capacity. The Arctic plant integrates the latest technologies in robotics, artificial intelligence, machine learning and automation processes. More than 200 robots are involved in the production process and over 70% of the production operations are based on Industrial Internet of Things applications.
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
FRD Center also monitors the wood processing and furniture manufacturing industry in Romania.
The manufacturer of moulded beech veneer elements Becker Romania has implemented in 2021 two UR10 collaborative robots to increase the efficiency of the repetitive work processes. These robots handle glue dispensing and pick and place tasks carried out in the company’s production unit, where over 10,000 cubic meters of beech wood are processed annually.
For more details consult the demo report by FRD Center at the link: https://www.frdcenter.ro/wp-content/uploads/2022/08/Opportunities-in-digitization-and-industry-4.0-in-Romania.pdf
The Romanian privately-owned company BD Lemntech has completed in 2021 an investment of 1 mEUR in a robotic wood finishing line. The company is a dynamic player in the sector of the wood advertising production.
The porcelain manufacturer IPEC is a Romanian family-owned business and one of the main IKEA suppliers on the domestic market. Several hundred industrial robots currently operate in its factory, IPEC being in the top of the Romanian companies, taking into account the use of the industrial robots in the production process. IPEC has recorded a net turnover of 28.6 mEUR in 2021, 15% higher compared to 2020.
Teraplast will start in 2022 the construction of a stretch film production unit, following an 11.2 mEUR investment co-financed with state-aid. The new facility with two production lines for polyethylene films for industrial use will have equipment with a high degree of robotization and automation. The investment is expected to generate a turnover of 28 mEUR and 4 mEUR EBITDA, equating to a 14% margin.
In regards to the food processing sector in Romania, FRD Center has been constantly monitoring the developments and keeps in touch with the Decision Makers in the industry.
In the last three years, the Romanian milling and bakery producer Boromir has received from ING Bank Romania successive financing tranches worth over 25 mEUR for the automation of the production processes, the modernisation of the factories, the launching of new product lines and the construction of a new warehouse and production space.
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
TRANSAVIA, one of the main chicken meat processors in Romania, operates in 8 counties, owing currently 29 poultry farms, 4 vegetal farms, a feed mill, 3 state-of-the-art slaughterhouses, and a meat processing factory, where it annually produces over 100,000 tons of the best quality chicken. About 25% is exported mainly to European Union countries. Meat products are produced by using the production lines equipped with cutting-edge technology, where raw materials are transformed into finished products by fully automated operations.
The company, which proudly positions itself as “a family business with 100% Romanian capital” is investing massively in renewable energy and cogeneration to cover almost all of its energy needs. This year, through the already started projects, TRANSAVIA intends to place over 22,000 photovoltaic panels that will produce green energy. The installed capacity of 10 MWh will cover approximately 30% of the annual electricity consumption of the TRANSAVIA facilities.
As it results from the FRD Center monitoring, the Romanian milling and bakery producer Dobrogea Grup has completed in 2021 an investment of over 1 mEUR in an automated production line of frozen pastry. In 2021, the firm has reached a net turnover of 38.1 mEUR, up by 5.4% compared to the previous year.
The producer of cereals Frizon which positions itself as a “a leading company in the precision agriculture field” in Romania, has announced in 2021 the full automation of its operations. The company has completed in 2021 the integration of an information network that develops an artificial intelligence solution and a complete management programme. Frizon manages 4,200 hectares in SE region of Romania and produces annually over 35,000 tonnes of cereals.
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 chocolate manufacturer Kandia Dulce, owned by the Austrian Group Julius Meinl, continuously invests in automation and robotization in its plant in Romania. The Magura brand benefits from a fully automated “end-to-end” production line. in 2021, its Managing Director announced that, in the coming period, the company was considering an expansion project worth one million euros and investments in technology and automation.
In regards to the pharma sector in Romania, according to the the FRD Center monitoring, the drug manufacturer Biofarm has inaugurated in November 2021 a new production and testing facility in Bucharest, following an investment of over 35 mEUR. With a usable area of over 10,000 sqm, the new plant has four production streams and benefits from state-of-the-art equipment and installations and automation software to optimize the production and logistics flows.
For more details consult the demo report by FRD Center at the link: https://www.frdcenter.ro/wp-content/uploads/2022/08/Opportunities-in-digitization-and-industry-4.0-in-Romania.pdf
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
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:
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? 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
For more details email us at FRDCenter@market-entry.ro or europa@frdcenter.ro
The FRD Center methodology, tactics and offer of assistance include:
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.
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.
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