ROMANIA - TURKEY PORTAL

	Chapter III - Economy
	3.1. General Survey
	3.1.1. Evolution of the main macroeconomic indicators
	3.1.2. Gross Domestic Product
	3.1.3. Ranking of the Turkish - Romanian companies in the total results of the financial year 1999
	3.1.4. Strategy of adhesion to E.U.
	3.2. Romania's foreign trade in 2000
	3.2.1. Weight of export and import in foreign trade
	3.2.2. Major partners
	3.2.3. Exports and imports on sections acc. to CSCI Rev. 3 (International Standard Classification)
	3.2.4. Outcomes in the Romanian - Turkish relation
	3.2.5. Bilateral foreign trade in the main categories of products
	3.3. Agriculture
	3.3.1. General survey ( Statistical Yearbook - INS)
	- farming area
	- structure of agricultural production
	- cultivated area
	- livestock
	3.3.2. Achievements on the Romanian - Turkish relation
	3.3.3. Business opportunities
	3.3.4. Useful addresses
	3.4. Industry
	3.4.1. Extractive industry
	3.4.1.1. General Survey (Statistical Yearbook - INS)
	- Industrial production (quantities)
	- Percentage in the total industrial production
	3.4.1.2. Achievements on the Romanian - Turkish relation
	3.4.1.3. Business opportunities
	3.4.1.4. Useful addresses
	3.4.2. Power industry
	3.4.2.1. General Survey (Statistical Yearbook - INS)
	- primary resources
	- production of electrical energy
	3.4.2.2. Achievements in the Romanian - Turkish relation
	3.4.2.3. Business opportunities
	3.4.2.4. Useful addresses
	3.4.3. Food Industry
	3.4.3.1. General Survey (Statistical Yearbook - INS)
	- Industrial production (quantities)
	- Percentage in the total industrial production
	3.4.3.2. Achievements on the Romanian - Turkish relation
	3.4.3.3. Business opportunities
	3.4.3.4. Useful addresses
	3.4.4. Industry of textiles, ready-made clothes and footwear
	3.4.4.1. General Survey (Statistical Yearbook - INS)
	- Industrial production for the main products (quantities)
	- Percentage in the total industrial production
	3.4.4.2. Achievements on the Romanian - Turkish relation
	3.4.4.3. Business opportunities
	3.4.4.4. Useful addresses
	3.4.5. Chemical industry and artificial / synthetic fibres
	3.4.5.1. General Survey (Statistical Yearbook - INS)
	- Industrial production for the main products (quantities)
	- Percentage in the total industrial production
	3.4.5.2. Achievement on the Romanian - Turkish relation
	3.4.5.3. Business opportunities
	3.4.5.4. Useful addresses
	3.4.6. Metallurgy (Statistical Yearbook - INS)
	3.4.6.1. General Survey
	- Industrial production for the main products (quantities)
	- Percentage in the total industrial production
	3.4.6.2. Achievements on the Romanian - Turkish relation
	3.4.6.3. Business opportunities
	3.4.6.4. Useful addresses
	3.4.7. Machine - building industry
	3.4.7.1. General survey (Statistical Yearbook - INS)
	- Industrial production for the main products (quantities)
	- Percentage in the total industrial production
	3.4.7.2. Achivements on the Romanian - Turkish relation
	3.4.7.3. Business opportunities
	3.4.7.4. Useful addresses
	3.4.8. Electronic and electrotechnical industry
	3.4.8.1. General Survey (Statistical Yearbook - INS)
	- Industrial production for the main products (quantities)
	- Percentage in the total industrial production
	3.4.8.2. Achievements on the Romanian - Turkish relation
	3.4.8.3. Business opportunities
	3.4.8.4. Useful addresses
	3.4.9. Industry of furniture
	3.4.9.1. General survey (Statistical Yearbook - INS)
	- Industrial production for the main products (quantities)
	- Percentage in the total industrial production
	3.4.9.1. Achievements on the Romanian - Turkish relation
	3.4.9.3. Business opportunities
	3.4.9.4. Useful addresses
	3.5. Construction
	3.5.1. General survey
	3.5.2. Achievements on the Romanian - Turkish relation
	3.5.3. Business opportunities
	3.5.4. Useful addresses
	3.6. Transports
	3.6.1. Infrastructure and investment / rehabilitation programme (Ministry of Transport)
	3.6.2. Transport connections between Romania and Turkey:
	- Air companies (TAROM and TMY). Timetable of flights between Bucharest and Istanbul
	- Railways. Timetable of trains.
	- Roads. Regular drives between Romania and Turkey. List of the running companies
	- List of transports between Romania and Turkey
	3.7. IT & C
	3.7.1. General survey
	3.7.2. Achievements on the Romanian Turkish relation
	3.7.3. Business opportunities
	3.7.4. Useful addresses
	3.8. Finance / Capital market
	3.8.1. General survey (Investment Guide to Romania - Strategy Dept. - CCIRB; Bucharest Stock Exchange; RASDAQ)
	3.8.2. Achievements on the Romanian Turkish relation (TIAD)
	3.8.3. Useful addresses
	- Banking Market
	- Insurance companies
	- specialized financial services companies (leasing, factoring, etc.)
	- Stock Exchange Market
	3.9. Tourism
	3.9.1. Tourist potential (link: www.romaniatravel.org )
	3.9.2. Projects of investment and privatization (Ministry of Tourism)
	3.10. Romanian - Turkish Economic Co-operation
	3.10.1. The Turkish investment in Romania
	3.10.2. Bilateral Business Councils
	3.10.3. Bilateral businesses associations
	3.10.4. Bilateral agreements
	A. Governmental
	- Free trade agreement
	- Agreement for preventing double taxation
	B. Between CCIRB and Turkey
	3.10.5. Joint participation in regional intitiatives
	- Association of the Balkan Chambers of Commerce ABC
	- Economic Co-operation at the Black Sea BSEC
	- Stability pact agreeement
	- SECI - PRO)
	Investment Guide to Romania 2002
	Investment Guide to Romania 2002 (pdf - 1.20 Mb)

	NEWS
	International Investment Forum for Central and South-East Europe, Bucharest, November 7-8, 2002

	Chapter IV - Investor's Practical Guidebook
	4.1. Registration of a Turkish liaison - office in Romania
	4.1.1. Institutional framework
	- Ministry of Foreign Affairs
	- Chamber of Commerce and Industry of Romania
	- General Department
	- Ministry of Labour and Social Solidarity
	4.1.2. Terms for opening the liaison office
	- Obtain the functionings licence from the Ministry of Commerce
	- Enlist at the Chamber of Commerce
	4.1.3.. Deeds handed in the Ministry of Foreign Affairs
	a) application that includes:
	- company's address in the country of origin;
	- object of activity of the liaison - office in Romania in compliance with the object of activity of the company in the country of origin
	- operating period
	- number and position of the Romanian staff employed by the liaison - office
	- name, address in the country of origin, position of the foreign staff that shall be employed
	b) Recommendation of the Chamber of Commerce in the country of origin about the applying company with the mention on its object of activity and equity
	c) Certified photocopies of the company's registration at the Trade Registry
	d) Status of the company
	e) Power of attorney for the person authorized to legally represent the company
	f) Reference bank.
	All documents in original are to be submitted to the Ministry of Foreign Affairs (or certified copy), translated and certified in Romania
	4.1.4. Registrations after obtaining the functioning licence
	4.2. The registration of a company in Romania
	4.2.1. Institutional framework
	a) Chamber of Commerce and Industry of Romania and Bucharest Municipality
	- Trade Registry Office
	- BASC (One - stop - shop)
	b) Notary office
	4.2.2. Conditions of company registration in Romania
	a) formalities of setting-up trading companies ( www.onrc.ccir.ro )
	- legal framework
	- minimum legal conditions of setting-up
	- contribution of capital
	- novelties in the field of setting-up trading companies
	- setting-up procedures
	- unique procedure
	- proving documents that have to be handed in the Trade Registry
	-previous advices
	- legal regime of branches and subsidiaries
	b) drawing-up and authentification of the by-laws at the Notary Office
	c) Forms
	- Form of authorization and / or incorporation application
	- Form for mention enlisting
	d) Incorporation at the Trade Registry
	- obtaining the certificate of incororation
	- obtaining the fiscal certificate
	e) Getting the necessary advices after incorporation
	Note: All above steps of registering a company in Romania can be carried on against commission, through the assisting office for setting-up and developing the trade companies (One - Stop - Shop)
	4.3. Legislation
	4.4. Domains opened to foreign investment
	4.5. Guarantees and rights
	4.6. Institutional framework of business promotion
	4.7. Sources of public information
	4.8. Foreigners status
	4.8.1. Living conditions
	4.8.2. Basic principles
	4.8.3. Customs conditions for the cash flow and personal goods
	4.8.4. Work permit and residence
	4.8.5. Excises
	4.8.6. Taxes and taxatioons for the liaison - offices of the foreing companies and foreign trade organizations
	4.9. Assisted zones
	4.9.1. List of assisted zones
	4.9.2. Interest fields for investment
	4.10. Conditions required for the set-up and functioning of industrial parks
	4.11. Incentives for free zones
	4.12. Incentives granted to private entrepreneurs for setting-up and development of SMEs
	4.12.1. Incentives granted to SMEs
	4.13. Privatization
	4.13.1. Stock Exchange Market (see 3.8.3)
	4.13.2. Banking Market (see 3.8.3)
	4.14. Tax and taxations for companies
	4.15. Taxes and taxation on natural people
	4.16. Taxation on dividends

	Chapter I - Romania - the land and the people
	Map
	Geography
	Administrative data
	Infrastructure
	Foreign Policy
	Culture
	Important Information (official, language, foreign languages spoken, national currency, publications, measure system, national day, free days)
	Chapter II - Why business in Romania ?
	2.1. General advantages
	2.2. Particular advantages for Turkish business people

	Chapter 5 - Fairs, missions, summits
	5.1. Fairs
	5.1.2. Fairs in Trukey
	- Programme of fairs
	- Organizers of fairs
	5.2. Summits
	5.3. Trade Missions
	Chapter 6 - Business opportunities
	6.1. Databases
	6.2. Form of on-line enlisting
	Chapter 7 - Sources of information / Links
	7.1. Public institutions
	7.2. Chamber of Commerce and Industry (territorial and bilateral)
	7.3. Banks, insurance companies
	7.4. Embassies and consulates
	7.5. Professional / business / employers
	7.6. Hotels, restaurants
	7.7. Useful information in Bucharest
	Chapter 8 - E-news (www.pressreview.ro)
	8.1. Interest columns
	8.2. Publication