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  Economy and Business Opportunities from Romania
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Summary:The project of Support activity for 2002 experimental campaigns.
Sector:Laboratory Equipment and Services
Country :Romania
Notice Type:Project InformationDeadline:14 Nov 2037
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Summary:OPET ENERO proposal is structured on major strategies cover all keys activities of OPET network and set up the following objectives:
Sector:Energy, Power and Electrical,Laboratory Equipment and Services
Country :Romania
Notice Type:Project InformationDeadline:13 May 2031
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Summary:ROMANIA-Opet Romania Enero - member of the Opet network
Sector:Services
Country :Romania
Notice Type:Project InformationDeadline:13 May 2031
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Summary:Consultancy And Assistance Services In The Field Of Security For Alignment And Compliance With The Provisions Of The General Personal Data Protection
Sector:Software Services
Country :Romania
Notice Type:Tender NoticeDeadline:25 Oct 2021
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Summary:Development Of Dali Documentation Within The Project Arranging A New Non Covid Unit On The 2nd Floor Of The Hospital Location In Corneliu Coposu 12 - Design And Execution
Sector:Consultancy - Engineering,Healthcare Equipment and Services ,Consultancy - Management, business and administration
Country :RomaniaEstimated Cost:ROL 84000
Notice Type:Tender NoticeDeadline:26 Oct 2021
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Summary:Portable Portable Portable System (afdas) Under The Project Continuing The Development Of The Dna Technical Capacity In Investigating Offenses Against Eu Financial Interests (teca) Co-financed Se Olaf
Sector:Technology Hardware and Equipment
Country :RomaniaEstimated Cost:ROL 264500
Notice Type:Tender NoticeDeadline:25 Oct 2021
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Summary:Design, Technical Assistance From The Designer And Execution Of Works
Sector:Energy, Power and Electrical,Infrastructure and construction
Country :RomaniaEstimated Cost:ROL 62682470
Notice Type:Tender NoticeDeadline:17 Nov 2021
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Summary:Various Drugs-pn Thalassemia (romania-bucure?ti: Various Medicinal Products)
Sector:Pharmaceuticals
Country :RomaniaEstimated Cost:ROL 33380280
Notice Type:Contract AwardsDeadline:08 Jan 2022
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Summary:Provision Of Supply And Distribution Of Fruits, Vegetables, And Bakery Products In Schools To Students In State And Private Primary And Secondary Education, As Well As Preschoolers In State And Privat
Sector:Agriculture, Food and Beverages
Country :RomaniaEstimated Cost:ROL 2680169
Notice Type:Tender NoticeDeadline:02 Nov 2021
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Summary:Provision Of Framework Agreement For The Supply Of Tires With Installation, Assembly And Replacement For Vehicles And Equipment In The Car Park Of Ds Sibiu
Sector:Plastic and Rubber
Country :RomaniaEstimated Cost:ROL 879270
Notice Type:Tender NoticeDeadline:15 Nov 2021
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Economy of Romania

Romania has a developing, upper-middle income market economy, the 17th largest in the European Union by total nominal GDP and the 13th largest based on purchasing power parity. The collapse of the Communist regime in 1989, reforms in the late 1990s and early 2000s and its 2007 accession to the European Union have led to an improved economic outlook.

Romania has experienced growth in foreign investment with a cumulative FDI totalling more than $170 billion since 1989.

Up until the late 2000s financial crisis, the Romanian economy had been referred to as a "Tiger" due to its high growth rates and rapid development.

Until 2009, Romanian economic growth was among the fastest in Europe (officially 8.4% in 2008 and more than three times the EU average). The country is a regional leader in multiple fields, such as IT and motor vehicle production. Bucharest, the capital city, is one of the largest financial and industrial centres in Eastern Europe.

The planned national budget for 2015 is 225 billion lei ($63 billion), with an estimated budget deficit to GDP of 1.8.

Sectors

Agriculture

Agriculture employs about 29% of the population (one of the highest rates in Europe), and contributes about 8.1% of GDP. The Baragan is characterized by large wheat farms. Dairy products, pork, poultry, and apple production are concentrated in the western region.

Fishing

Fishing is an economic mainstay in parts of the East of Romania and along the Black Sea coast, with important fish markets in places such as Constanta, Galati and Tulcea. Fish such as european anchovy, sprat, pontic shad, mullet, goby, whiting, garfish, Black-Sea Turbot or horse mackerel are landed at ports such as Constanta.

Industry

Romania has been successful in developing its industrial sector in recent years. Industry and construction accounted for 32% of gross domestic product (GDP) in 2003, a comparatively large share even without taking into account related services. The sector employed 26.4% of the workforce. Romania excels in the production of automobiles, machine tools, and chemicals. In 2013, some 410,997 automobiles were produced in Romania, up from 78,165 in 2000.

Services

In 2003 service sector constituted 55% of gross domestic product (GDP), and the sector employed 51.3% of the workforce. The subcomponents of services are financial, renting, and business activities (20.5%); trade, hotels and restaurants, and transport (18%); and other service activities (21.7%). The service sector in Romania has expanded in recent years, employing some 47% of Romanians and accounting for slightly more than half of GDP.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Romania"

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