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Economic & Trade Section

4 Palace Green, London W8 4QD

T: +44 20 7937 9668 | F: +44 20 7937 8069

E-mail: londra.economic@mae.ro

 

The Economic & Trade Section at the Embassy of Romania in London promotes exports of Romanian goods and/or services into the UK market and inward investment into Romania.

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Romanian Ministry of Public Finance

On 30 May 2016, the Romanian Ministry of Public Finance announced the opening of a new application session for funding, under the agreement of the Government Resolution 807/2014. This represents the establishment of a State Aid scheme for investments that have a major impact on the economy, with future changes and additions, which will run from 11.07 – 22.08.2016.The budget of this session is 638 million RON, 50% higher compared to the previous one. http://dpiis.gov.ro/new_dpiis/state-aid-schemes-2/

InvestRomania

On 18 May 2016, InvestRomania launched a new website www.investromania.gov.ro dedicated to foreign investors during Government’s meeting. Its purpose is to offer information about the Romanian economic outlook and the country’s investment opportunities.http://dpiis.gov.ro/new_dpiis/the-new-investromania-website-dedicated-to-foreign-investors-was-launched-during-todays-government-meeting/

National Bank of Romania

On 5 May 2016, the Board of the National Bank of Romania decided the following:

Department for Foreign Investment and Public-Private Partnership

GDP in Q4 2015 was, in real terms, by 1.1% higher, as compared to Q3 2015, according to preliminary data published today by the National Statistics Institute (INS)

http://dpiis.gov.ro/new_dpiis/category/actual-en/

National Bank of Romania

In January 2016p, the balance-of-payments current account posted a surplus of EUR 168 million, as compared with EUR 311 million in January 2015. The secondary income balance and the services balance recorded higher surpluses (by EUR 173 million and EUR 57 million, respectively), while the goods balance registered an increase of the deficit by EUR 196 million and the primary income balance saw its surplus turning to a deficit. http://www.bnr.ro/page.aspx?prid=11336

Financial Supervisory Authority

On 16 March 2016, the Board of the Financial Supervisory Authority (ASF) has approved, the request of Bursa de Valori Bucureşti SA for the approval of the modification of the Rulebook of BSE – market operator, as a result of the elimination of Book II – The regulated market. http://www.asfromania.ro/en/press-releases/media-releases/5059-decisions-adopted-by-asf-s-board-16-03-2016

Chamber of Commerce and Industry of Romania

During the Session of the Management Board of the Chamber of Commerce and Industry of Romania from March 9th, 2016, it was approved unanimously to exclude the following associated members http://ccir.ro/2016/03/15/press-release/

Participation of the Ambassador of Romania to the mentoring programme organized by LSRS UK

03/14/17

On March 12, the Embassy of Romania in London hosted the fourth edition of the Mentoring Programme organized by the League of Romanian Students Abroad, UK branch (LSRS UK) in partnership with Romanian Business Club (RBC). The event has been attended by…

BRCC Christmas reception in London

03/14/17

On Wednesday, December 14th, the Romanian Ambassador to the United Kingdom of Great Britain and Northern Ireland, Dan Mihalache, hosted the Christmas reception organized by the British-Romanian Chamber of Commerce (BBCC). The event, which was an important…