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Student: Popa Bogdan Mihai
Group: 8102
I.E.A. - Management
University of
Agricultural Sciences and
Veterinary Medicine Bucharest
Romanian Government policy regarding business is
focused on supporting private entrepreneurs and
stimulate free enterprise.Government actions aimed
at reinforcing a stable and predictable business
environment, elimination of state monopolies
economically unjustified, strengthening free
competition, increase transparency of business and
government policy or monetary policy and labor
market liberalization
Internally the main institution responsible for developing and
implementing trade policy is the structure of foreign trade - Department
of Foreign Trade and International Relations - Ministry of Economy.
This institution provides information and business representatives, the
opportunities for imports, exports to third markets, as well as the
programs of Romania's participation in international fairs and
exhibitions.Other entities with responsibilities in the area of trade:
Export Council is an organizational structure at national, public-private
nature, without legal personality, which is attached to the Ministry of
Economy and aims to harmonize sectoral strategies, inter-regional and
National Export Strategy and the prioritization export.
Department for infrastructure projects and foreign investment - is
organized and operates as a specialized body of central public
administration, with legal personality, the stuff of the Government.
It ensures the coordination of infrastructure projects of national
interest, preparation, execution and implementation of
infrastructure projects designated by Government decision
competence and uniform application of policy coordination at
central and local government in stimulating, promoting and
implementing foreign investment and public-private partnerships.
Experience has shown that reform of Romania's
macroeconomic stability can not be achieved only through
effective implementation of a comprehensive package of
reforms that create a healthy business environment. In
general, to set up a company in Romania, there is no need
of any special permission. However, in some industries,
require a permit from the competent bodies. General
procedure for setting up a company requires meeting
certain legal procedures: obtaining court decision,
commercial registration.
Develop and implement monetary policy, including
exchange rate policy is carried out by the central bank -
National Bank of Romania (BNR) (www.bnr.ro)
independent public institution only authorized to issue
currency as legal tender in Romania.
The fundamental objective of the central bank is to achieve
and maintain price stability.
http://www.mae.ro/node/1415
http://www.economiaintreprinderii.ro/cap6/s2.htm
http://biblioteca.regielive.ro/referate/economie/m
ediul-de-afaceri-in-romania- 41283.html?ref=doc3
http://www.presidency.ro/?_RID=dep&id=22&_PRI
D=dep_pers
http://cursdeguvernare.ro/mediul-de-
afaceri-romanesc-si-trei-dintre-
dusmanii-sai.html

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The romanian business environment

  • 1. Student: Popa Bogdan Mihai Group: 8102 I.E.A. - Management University of Agricultural Sciences and Veterinary Medicine Bucharest
  • 2. Romanian Government policy regarding business is focused on supporting private entrepreneurs and stimulate free enterprise.Government actions aimed at reinforcing a stable and predictable business environment, elimination of state monopolies economically unjustified, strengthening free competition, increase transparency of business and government policy or monetary policy and labor market liberalization
  • 3. Internally the main institution responsible for developing and implementing trade policy is the structure of foreign trade - Department of Foreign Trade and International Relations - Ministry of Economy. This institution provides information and business representatives, the opportunities for imports, exports to third markets, as well as the programs of Romania's participation in international fairs and exhibitions.Other entities with responsibilities in the area of trade: Export Council is an organizational structure at national, public-private nature, without legal personality, which is attached to the Ministry of Economy and aims to harmonize sectoral strategies, inter-regional and National Export Strategy and the prioritization export.
  • 4. Department for infrastructure projects and foreign investment - is organized and operates as a specialized body of central public administration, with legal personality, the stuff of the Government. It ensures the coordination of infrastructure projects of national interest, preparation, execution and implementation of infrastructure projects designated by Government decision competence and uniform application of policy coordination at central and local government in stimulating, promoting and implementing foreign investment and public-private partnerships.
  • 5. Experience has shown that reform of Romania's macroeconomic stability can not be achieved only through effective implementation of a comprehensive package of reforms that create a healthy business environment. In general, to set up a company in Romania, there is no need of any special permission. However, in some industries, require a permit from the competent bodies. General procedure for setting up a company requires meeting certain legal procedures: obtaining court decision, commercial registration.
  • 6. Develop and implement monetary policy, including exchange rate policy is carried out by the central bank - National Bank of Romania (BNR) (www.bnr.ro) independent public institution only authorized to issue currency as legal tender in Romania. The fundamental objective of the central bank is to achieve and maintain price stability.