What is the largest company in Romania?

By March 3, 2020, Hidroelectrica was the company with the highest market value in Romania, totaling 5.2 billion euros or 24.5 billion Romanian lei. It was followed by OMV Petrom with a market value worth 4.6 billion euros.

What is the best business in Romania?

The 24 Best Businesses To Start In Romania [2021]

  • Start a vegetable farming business.
  • Start an automobile production business.
  • Start a lobbyist business.
  • Start a herb gardening business.
  • Start a marketing consulting business ($1.8K/year)
  • Start an art & crafts classes business.
  • Start an iron shirts business.

What is the main industry in Romania?

Romania’s main industries are clothing and shoe manufacturing, metal, extracting and processing of primary goods (timber, marble, rock), food processing, oil refining and chemical derivates, and to a lesser extent pharmaceuticals, heavy machinery, household electronics, etc.

Is it easy to do business in Romania?

Starting a business: The incorporation process of a new company in Romania is relatively easy: it takes an average of 8 days to open a new business, placing Romania at 48 in the World Bank’s Ease of Doing Business rankings.

What is the Romania currency?

Romanian leu
RON is the three-letter code for the Romanian currency. The base denomination is 1 Leu (plural Lei). The N in RON is for New Leu which replaced old Leu in 2005. The currency is scheduled to be replaced by the euro in 2024 but is not currently pegged to the euro or any other currency.

How can I start a small business in Romania?

Six Steps To Open a Business in Romania

  1. Evidence of verification of company name availability and reservation thereof.
  2. Deposit funds in a bank and obtain a document confirming bank deposit of sufficient funds.
  3. Company registration at the Commercial Registry.
  4. Acquisition of the company’s Unique Registry for Controls.

Is Romanian a poor country?

Over a quarter of Romania’s population lives on less than US$5.50 a day, the highest poverty rate in the EU. Romania remains one of the least urbanized countries in the EU: a large number of poor people—75 percent of the population—live in rural areas.

How do I start a business in Romania?

How many businesses are in Romania?

Number of new companies in Romania At the same time, the Romanian National Trade Register reported that over 100,000 companies were deregistered in 2016. The number dropped to 80,181 companies by 2018.

Which is the most valuable company in Romania?

BCR, Automobile Dacia, BRD, Dedeman and Orange Romania are the other companies that made the top 10 this year. Are you a business owner that needs attention within the expat community and wants international exposure?

What kind of economy does Romania have now?

Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom.

Which is the only flexible packaging company in Romania?

Since it’s foundation in 1994 Balcanic Prod knew a rapid development becoming short period of time key member the flexible packaging market Romania.In 2008 our company became only supplier BOPP Romania by acquiring Bruckner Address:Sos. Galati km 5 Focsani, Romania Business type:Manufacturer

Are there any wine export companies in Romania?

We are a company from Romania interested in exporting romanian wines basicly, but we also export specific canned food (sarmale, fasole cu costita, pate, halva, etc.) Do not hesitate to contact us, as can collaborate. sell wine bulk, Address:Str. Dezrobirii nr 186 Bl D-3 ap. 2 Craiova, Dolj Business type:Distributor/Wholesaler