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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 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.

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.

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

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.

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

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/

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.

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/

How to expand to the Romanian market or to the Emerging European region? Are you a BPO company looking to expand to Eastern Europe? What are the market expansion opportunities in the BPO Sector in Romania and Emerging Europe?

The Romanian BPO sector continues to attract numerous foreign investment, both greenfield and crossborder M&A. Here are some recent examples, identified by the market entry consulting firm FRD Center: https://market-entry-romania.blogspot.com/2021/06/expansion-opportunities-in-bpo-sector.html

Romania is one of the most preferred near-shore locations, capitalizing on the solid education system, with a strong focus on IT, finance and accounting and, therefore, providing a steady, relatively inexpensive and qualitative flow of skilled resources to meet the growing demand of SSC / BPO entities.

According to the Market Research and Market Entry Consulting firm, FRD Center, there are expansion opportunities in the BPO Sector in Romania and Emerging Europe. 

Here is a recent demo study on the Romanian BPO Sector and others in the region: Poland, Czechia, Ukraine and Hungary: https://www.frdcenter.ro/bpo-sector-in-romania-h1-2021-a-demo-sector-overview-by-frd-center/

For in-depth analysis of the BPO players and call-centers in Romania and other markets in Eastern Europe, tailored to your specific needs and requirements, as well as for target origination and M&A assistance, contact the FRD Center team at email: europa@frdcenter.ro

More than 120,000 university graduates per year form the talent pool in Romania. Cultural compatibility and a large scale of foreign language skills, covering English, French, Spanish, Italian, German, Dutch, Portuguese, Hungarian, Czech, Slovak, Bulgarian and Russian, provide a competitive edge to the Romanian work force. FRD Center has been assisting foreign companies looking for BPO market expansion and acquisitions in the business process outsourcing sector and has been closely monitoring the activity in the Romanian BPO sector. Here are some facts on Romania that might be of interest to a foreign investor or BPO provider looking to acquire a local player and set up operations in Romania, thus accessing the EU market and other key markets overseas.

For more details consult and download the FRD Center demo report available at this link: https://www.frdcenter.ro/bpo-sector-in-romania-h1-2021-a-demo-sector-overview-by-frd-center/

The Romanian BPO market includes approximately 280 companies that activate in the business services sector, with over 131,000 employees. According to the Association of Business Service Leaders in Romania (ABSL), the revenues generated by the business services industry in Romania are estimated at 4.5 billion EUR in 2020. The business services industry contributes with around 2 – 2.5% to the GDP in Romania. The attrition rate in the business services sector in Romania was 12% by July 2020, with an average of 22% in the past three years. The main cities for the business services industry in Romania are Bucharest, Timisoara, Cluj Napoca, Iasi, Brasov and Sibiu.

The outsourcing sector in Romania is characterised by: – strong IT infrastructure – growing level of automation – relatively good availability of qualified resources – very good language proficiency of both Latin and Germanic tongues – competitive labour costs For more details visit the FRD Center presentation available at this link: http://www.frdcenter.ro/assets/BPO-Sector-Romania-FRD-Center-analysis.pdf

According to the Market Research and Market Entry Consulting firm, FRD Center, there are expansion opportunities in the BPO Sector in Romania and Emerging Europe. 

Computer Generated Solutions (CGS) maintained in 2020 its recruitment pace in Romania despite the pandemic. The BPO player increased its team in Romania with 500 new employees in 2020. CGS signed contracts with new clients or extended projects with the existing ones in 2020, which translated into a significant employment volume. The company invested in a remote network for the entire company to allow its employees to work safely from home.

For more details visit the FRD Center demo report available at this link: https://www.frdcenter.ro/bpo-sector-in-romania-h1-2021-a-demo-sector-overview-by-frd-center/

Wipro leased 11,000 sqm of office space in Globalworth Square, a new office project in northern Bucharest, expected to be finalised in T2 2021. Teleperformance Romania plans to hire 400 – 500 persons who speak foreign languages in 2021. Accenture will continue in 2021 the educational programmes in the IT field, developed and implemented in 2020 for pupils and students across Romania.

According to the FRD Center analysis, some of the most active BPO players operating on the Romanian market are Genpact Romania, Accenture Services, Computer Generated Solutions Romania, Wipro Technologies, Sykes Enterprises Eastern Europe and Comdata Service.

For in-depth analysis of the BPO players and call-centers in Romania and other markets in Eastern Europe, as well as for target origination and M&A assistance, contact the FRD Center team at email: europa@frdcenter.ro

According to an ABSL survey, in mid-March 2020, 98% of the companies in the business services industry in Romania choose the working from home option in order to protect their employees and to ensure the business continuity. 48% of companies that responded to ABSL study will consider a hybrid work system in 2021, 13% of them will continue in the telework system, while 39% of companies believe that in the medium term exclusive telework is not a viable alternative. Although the BPO players in Romania adapted to the new situation, their customers all around the world were affected by the COVID-19 crisis and a lot of projects were put on hold or canceled. Out of the 59 business services companies in Romania which participated at an ABSL survey in 2020, 72% declared a decrease in external or internal demand, due to the global economic crisis. Another important impact of the pandemic is the increase in employees’ retention rate over the past year. The average rate of leavings from companies was 22% for the period 2017 – 2019 and decreased to only 12% between January and July 2020, according to the annual ABSL study.

According to the Market Research and Market Entry Consulting firm, FRD Center, there are expansion opportunities in the BPO Sector in Romania and Emerging Europe. 

Central Eastern Europe, South Eastern Europe and Eastern European countries are globally recognised as strong players in business processes and IT services outsourcing. Numerous multinational companies operating in these sectors choose to expand to the region through the acquisition of local BPO firms. One such example is the FRD Center project briefly described at the link: https://www.frdcenter.ro/portfolio/case-study-three-market-expansion-support-in-bpo-sector/

There are over 1,500 BPO, SSC /GBS, IT and R&D business services centres in Poland, out of which 66% are owned by foreign investors. 95 Fortune Global 500 investors have business services centres in Poland. The value of exports of business services in 2019 from Poland recorded 19.8 billion USD. The share of the business services sector in the GDP in Poland is 3 – 3.5% and growing. The total number of jobs at business services centres in Poland reached 338,000 in Q1 2020, accelerating at a compound annual growth rate of 12.1% during 2016 – 2020. The number is expected to reach 363,000 in Q1 2021.

For more details consult the FRD Center demo study available at this link: https://www.frdcenter.ro/bpo-sector-in-romania-h1-2021-a-demo-sector-overview-by-frd-center/

The total number of employees in the business services sector in Czechia was of 120,000 in 2020 and is expected to grow to 130,000 in 2021. The employment growth was of 5% in 2020, proving the sector adaptability, flexibility and resilience during the pandemic crisis. The employment growth is expected to be of 5% in 2021. Currently there are 330 business services centres in Czechia. The business services centres in Czechia are increasingly becoming hubs of innovation and excellence, 73% of all processes being delivered in the advanced or partner stage in 2020, compared to 68% in 2018.

In spite of being affected by the vicininty with a conflict zone, Ukraine is known as a preferred destination for business service centers, especially for IT outsourcing in Eastern Europe. Some of its competitive advantages include: – low operating costs – large skilled labor force of more than 14 million people – advanced level of education – favorable tax regime, especially for the IT sector It is estimated that 185,000 people are employed in the BPO and outsourcing industry in Ukraine, with an expected growth up to 220,000 by 2022.

For more details download the FRD Center demo study available at this link: https://www.frdcenter.ro/bpo-sector-in-romania-h1-2021-a-demo-sector-overview-by-frd-center/

Hungary is one of the leading international hubs for business services in CEE, due to highly educated workforce, investor friendly business environment and developed infrastructure. There were 131 business services centres in Hungary in 2020 employing 63,892 people. They have the following operational model: – 54% captive – 27% hybrid – 19% BPO Unlike other countries in the region which are focused on IT, Hungarian centers mainly deliver finance and accounting (80%) and HR (40%) processes.

FRD Center assists international companies with overseas expansion, market research, targets origination and market entry to the Emerging Markets in Eastern Europe, CE and SE Europe. Are you a foreign company looking to expand, acquire local players, build strategic partnerships or to find new Clients in Eastern Europe? As one of the pioneer privately owned market entry advisory firms in Romania, operating for 20 years, FRD Center has high competencies in market entry advisory and is quite well placed to assist foreign companies with a multitude of aspects related to new vendor identification & selection, market opportunity assessment, B2B matchmaking with local Decision Makers and M&A in Romania and the region.

For in-depth analysis of the BPO players and call-centers in Romania and other markets in Eastern Europe, as well as for target origination and M&A assistance, contact the FRD Center team at email: europa@frdcenter.ro