BUSINESS OPPORTUNITIES IN ROMANIA A Market Briefing U.S. Commercial Service Bucharest September 8, 2010
SUMMARY Romania Background Business Opportunities Energy Reserves Energy: Priorities and Targets How can we help you?
ROMANIA BACKGROUND Post WWII Communist bloc nation until Revolution in December 1989
ROMANIA BACKGROUND Population: 21.7 million Capital: Bucharest Area: 238,000 sq km EU member since 2007
BUSINESS OPPORTUNITIES Energy ICT Environment Agriculture Packaging Equipment Automotive Equipment
Romania’s Energy Reserves Oil: 0.5 billion barrels Natural Gas: 0.65 trillion cubic meters Coal: 422 million tons the largest oil and natural gas reserves in Central and Eastern Europe low import dependency; below the EU average (29%)
Energy: Priorities and Targets Become a regional power exporter by 2020 Up to €12 billion investment in new power generation facilities; Encouraging state partnerships with private energy investors; Sell-offs of minority stakes in state-owned power companies; Promotion of renewable and nuclear energy.
WORK WITH US! Trade Missions: "U.S. Nuclear Industry Promotion Program“ in September USTDA reliable partner Technical Seminars Site Visits Bringing delegations to major trade shows in the U.S.
Contact Details Maria Nitoiu U.S. Commercial Service – Romania American Embassy Bucharest Tel Fax
THANK YOU!