The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Tuesday, 18 November 2014

Up-dates from the Automotive and Tooling sectors in Romania

The Automotive and Industrial Manufacturing sectors are quite dynamic in Romania and CE Europe. The majority of the companies operate with imported tools.

Some of the companies operating in the market include: Dräxlmaier, Hirschmann, Ford, Dacia Grouppe Renault, Industrial Exim Group, Star Transmission Cugir, Leoni, Pirelli, Neptun, TRW Automotive, Mazarom Impex, Hidromecanica, Michelin, Perfect Tools Impex, Preh Romania and Pentagon.

Here are a few up-dates from the Automotive and Tooling sectors in Romania: http://www.frdcenter.ro/assets/Automotive-and-Tooling-Romania-2014-FRD-Center-newsletter.pdf 

Should you be interested in more details or B2B matchmaking, feel free to contact us directly at:

email: europa@frdcenter.ro
phone: +4021 411 1459/60/61

Tuesday, 30 September 2014

Romanian exhibitors at Medica 2014

The registered Romanian exhibitors at Medica 2014 are:

-          Avena Medica – an importer of vacuum blood collection tubes, microbiology products, labware, laboratory equipment, reagents, consumables. The company has registered a net turnover of some 11 thousand EUR in 2013

-          Biosintex, a domestic manufacturer of medical sutures, has recorded sales of over 4 million EUR in 2013.

-          Biotifarm, a producer of cosmetics for wound and skin disease treatment, has posted in 2013 a net turnover of 0.1 million EUR

-          Coramed Medizinische Produkte, a local producer of medical supplies and consumables, has recorded sales of over one million EUR in 2013

-          Custodia Group, a Romanian importer of containers, cardboard boxes and plastic bags for medical waste, has recorded sales of 1.1 million EUR in 2013

-          Genko Med Group - a manufacturer of sterile syringes, hypodermic needles and sterile surgical suture materials, part of Genko Italia SPA - has posted a net turnover of 0.5 million EUR in 2013

-          Sanimed International Impex, a domestic producer of in vitro diagnostic reagents. The company has recorded sales of 3.2 million EUR in 2013

-          Tehnogas Medical, an importer of intensive care devices and equipment for the production and distribution of medical gases, has registered in 2013 a net turnover of almost one million EUR. Some of its suppliers are: Alvo Medical, Gardner Denver, G. SAMARAS or Psiliakos.

-          Triamed – producer and importer of medical consumables – has recorded sales of 0.6 million EUR in 2013.

In case you are interested to connect directly with Romanian specialised medical devices and health equipment firms, feel free to contact our team at europa@frdcenter.ro and tel +4021 411 1459

Friday, 26 September 2014

Imports of fresh and exotic fruit and vegetables in Romania

According to official statistics and to the FRD Center team analysis, the imports of oranges in Romania have been nearly 41 million euros in 2013, up 67% compared with 2012.

Similarly, the Romanian imports of mandarins (including tangerines and satsumas), clementines, wilkings and citrus hybrids have been of approximately 21 million euros in 2013, up 26% compared with 2012.

The imports of grapefruits in Romania in 2013 have reached nearly 13 million euros, 12% more compared to the previous year.

The imports of lemons (Citrus limon, Citrus limonum) and limes (Citrus aurantifolia, Citrus latifolia) in Romania have reach a value of approx. 26 million euros in 2013 and this represents an increase of 11% compared with 2012.

The imports of other citrus have been nearly 300 thousand euros in Romania in 2013, up 11% compared with 2012.

The Romanian imports of coconuts, Brazil nuts and cashew nuts (nuts, fresh cashew apples), fresh or dried, shelled or peeled in 2013 recorded nearly 2.3 million euros, 30% up compared with 2011.

The imports of dates, figs, pineapple (pineapple), avocados (avocados), guavas, mangoes and mangosteens, fresh or dried in Romania have been approximately 11 million euros in 2013 and this represents an increase of 61% compared to 2012.

Imports of kiwifruit have registered 5.4 million euros in Romania in 2013, up 27% compared to the previous year.

The imports of cauliflower and broccoli (broccoli) in Romania have reached a value of approx. 3.6 million euros in 2013, up 41% compared with 2012.

The imports of acachofas (artichokes) in Romania in 2013 have been nearly 38 million euros, up 73% compared with 2012.

One of the largest importers and stockists of citrus, exotic fruits and vegetables in Romania are Alfredo Fresh, Agricantus and Bella International. These players have recorded a cumulative net revenue of 53 million euros in 2013.

Citrus and exotic fruits and vegetables are sold in Romania in specialized markets for fruit and vegetables and in large areas such as, among others, Carrefour (162 stores), Auchan (31 stores), Mega Image (342 stores), Metro Cash & amp; carry (32 stores), Selgros cash & amp; carry (19 stores), Lidl (180 stores) or Kaufland (96 stores).

Romania imports citrus, exotic fruits and vegetables from Greece, Turkey, Spain, Brazil, Peru etc.

For more details, for a personalized analysis and for B2B contacts with importers and the staff responsible for direct import in supermarkets, do not hesitate to contact the FRD Center team at email: europa@frdcenter.ro and phone +4021 4111459 /60/ 61

Tuesday, 23 September 2014

Importaciones de frutas y verduras frescas en Rumania

Según las estadísticas oficiales y la análisis realizada por el equipo de FRD Center, las importaciones de naranjas en Rumania han registrado casi 41 millones de euros en el 2013, un 67% más en comparación con el 2012.

Las importaciones rumanos de mandarinas (incluidas las tangerinas y satsumas), clementinas, wilkings e híbridos similares de agrios han registrado aproximadamente 21 millones de euros en el 2013, un 26% más en comparación con el 2012.

Las importaciones de toronjas o pomelos en Rumania en el 2013 han registrado casi 13 millones de euros, un 12% más en comparación con el año anterior.

Las importaciones de limones (Citrus limon, Citrus limonum) y limas (Citrus aurantifolia, Citrus latifolia) en Rumania han registrado aproximadamente 26 millones de euros en el 2013 y esto representa un aumento del 11% en comparación con el 2012.

Las importaciones de los demás cítricos han registrado casi 300 miles de euros en Rumania en el 2013, un 11% más en comparación con el 2012.

Las importaciones rumanos de cocos, nueces del Brasil y nueces de marañón (merey, cajuil, anacardo, cajú), frescos o secos, incluso sin cáscara o mondados en el 2013 han registrado casi 2,3 millones de euros, un 30% más en comparación con el 2011.

Las importaciones de dátiles, higos, piñas (ananás), aguacates (paltas), guayabas, mangos y mangostanes, frescos o secos en Rumania han registrado aproximadamente 11 millones de euros en el 2013 y esto representa un crecimiento del 61% en comparación con el 2012.

Las importaciones de kiwis han registrado 5,4 millones de euros en el 2013 en Rumania, un 27% más en comparación con el año anterior.

Las importaciones de coliflores y brécoles (broccoli) en Rumania han registrado aproximadamente 3,6 millones de euros en el 2013, un 41% más en comparación con el 2012.

Las importaciones de acachofas (alcauciles) en Rumania en el 2013 han registrado casi 38 miles de euros, un 73% más en comparación con el 2012.

Unos de los más importantes importadores y almacenistas de cítricos, frutas y verduras exóticas en Rumania son Alfredo Fresh, Agricantus y Bella International. Estos jugadores han registrado una facturación neta acumulada de 53 millones de euros en el 2013.

Los cítricos y las frutas y verduras exóticas se venden en Rumania en mercados especializados de frutas y verduras y en grandes superficies como, entre otros, Carrefour (162 tiendas), Auchan (31 tiendas), Mega Image (342 tiendas), Metro cash&carry (32 tiendas), Selgros cash&carry (19 tiendas), Lidl (180 tiendas) o Kaufland (96 tiendas).

Rumania importa cítricos, frutas y verduras exóticas de Grecia, Turquía, España, Brasil, Perú etc.

Por mas detalles,una analisis personalizada y contactos con los importadores y los responsables de importacion directa en las grandes superficies, no duden en contactar con nuestru equipo al email: europa@frdcenter.ro y telefono +4021 4111459 / 60 / 61. 

Tuesday, 16 September 2014

Imports of fish and seafood in Romania

According to official statistics and the analysis done by the FRD Center team, the imports of live fish in Romania have been of nearly 3.9 million in 2013, up 31% compared with 2012. 

The Romanian imports of fresh or chilled (excluding fish fillets and other fish meat of whether or not minced, fresh, chilled or frozen) fish have been approximately 28.5 million euros in 2013, up 37% compared with the previous year. 

Imports of frozen fish (excluding fish fillets and other fish meat including minced, fresh, chilled or frozen) in Romania in 2013 have been of nearly 44 million euros, 23% more compared to 2011. 

Imports of fish fillets and other fish meat including minced, fresh, chilled or frozen in Romania have been nearly 20 million euros in 2013 and this represents an increase of more than 3% compared with 2012. 

The Romanian imports of dried fish, salted or in brine, smoked fish, whether or not cooked before or during the smoking process, flours, meals and pellets of fish, fit for human consumption have been more than 5 million euros in 2013, 12 % compared with 2012. 

Imports of crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine, smoked crustaceans, whether in shell or not cooked before or during the smoking process, crustaceans, in shell, cooked by steaming or even chilled, frozen, dried, salted or in brine, flours, meals and pellets of crustaceans, fit for human consumption in Romania in 2013 have been nearly 4.8 million euros, 20% more compared to 2012. 

Imports of molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine, even peeled or cooked before or during the smoking process, flours, meals and pellets of molluscs, fit for smoked molluscs food in Romania have registered more than 6.8 million EUR in 2013 and this represents a 36% growth compared to 2011. 

The Romanian imports of aquatic invertebrates other than crustaceans and molluscs, live, fresh, chilled, frozen, dried, salted or in brine, aquatic invertebrates other than crustaceans and molluscs, smoked, whether or not cooked before or during the smoking process, flours, and pellets of aquatic invertebrates other than crustaceans and molluscs, fit for human consumption have been nearly 260 thousand euros in 2013, up 42% compared with 2012. 

A few of the most important 
frozen fish importers in Romania are Macromex, Agroalimentaria Distribution, Trading and Sea Bell Serpico Trading. Fresh and frozen fish is sold in Romania in specialised stores well as in supermarkets as Kaufland, Carrefour, Auchan and Metro. 

Macromex, Agroalim Distribution, Serpico Trading and Sea Bell Trading have recorded a cumulated net turnover of almost 140 million EUR in 2013. They have registered a cumulated number of some 700 employees in 2013.

Some brands of fresh and frozen fish imported and distributed by these players are: Royal Greenland, Royal Arctic, Adriana etc.

Romania imports fresh and frozen fish from Denmark, Norway, the Netherlands, Belgium, Spain, Ireland, Poland, USA, Canada, Vietnam etc.

For more information on business opportunities in this sector as well as direct contact with key people in the Romanian companies do not hesitate to contact our team 

Email: europa@frdcenter.ro 
phone: +4021 4111459

Las importaciones de pescado, crustáceos y moluscos en Rumania

Segun las estadisticas oficiales y la analisis realizada por el equipo de FRD Center, las importaciones de peces vivos en Rumania han registrado casi 3,9 millones de euros en el 2013, un 31% más en comparación con el 2012.

Las importaciones rumanas de pescado fresco o refrigerado (excepto los filetes y demás carne de pescado incluso picada, frescos, refrigerados o congelados) han registrado aproximadamente 28,5 millones de euros en el 2013, un 37% más en comparación con el año anterior.

Las importaciones de pescado congelado (excepto los filetes y demás carne de pescado incluso picada, frescos, refrigerados o congelados) en Rumania en el 2013 han registrado casi 44 millones de euros, un 23% más en comparación con el 2011.

Las importaciones de filetes y demás carne de pescado incluso picada, frescos, refrigerados o congelados en Rumania han registrado casi 20 millones de euros en el 2013 y esto representa un aumento del más de 3% en comparación con el 2012.

Las importaciones rumanos de pescado seco, salado o en salmuera, pescado ahumado, incluso cocido antes o durante el ahumado, harina, polvo y pellets de pescado, aptos para la alimentación humana han registrado más de 5 millones de euros en el 2013, un 12% más en comparación con el 2012.

Las importaciones de crustáceos, incluso pelados, vivos, frescos, refrigerados, congelados, secos, salados o en salmuera, crustáceos ahumados, incluso pelados o cocidos, antes o durante el ahumado, crustáceos sin pelar, cocidos en agua o vapor, incluso refrigerados, congelados, secos, salados o en salmuera, harina, polvo y pellets de crustáceos, aptos para la alimentación humana en Rumania en el 2013 han registrado casi 4,8 millones de euros, un 20% más en comparación con el 2012.

Las importaciones de moluscos, incluso separados de sus valvas, vivos, frescos, refrigerados, congelados, secos, salados o en salmuera, moluscos ahumados, incluso pelados o cocidos, antes o durante el ahumado, harina, polvo y pellets de moluscos, aptos para la alimentación humana en Rumania han registrado más de 6,8 millones de euros en el 2013 y esto representa un crecimiento del 36% en comparación con el 2011.

Las importaciones rumanos de invertebrados acuáticos, excepto los crustáceos y moluscos, vivos, frescos, refrigerados, congelados, secos, salados o en salmuera, invertebrados acuáticos, excepto los crustáceos y moluscos, ahumados, incluso cocidos antes o durante el ahumado, harina, polvo y pellets de invertebrados acuáticos, excepto los crustáceos y moluscos, aptos para la alimentación humana han registrado casi 260 miles de euros en el 2013, un 42% más en comparación con el 2012.

Unos de los mas importantes importadores y almacentistas de pescado congelado en Rumania son Macromex, Agroalim Distribution, Serpico Trading y Sea Bell Trading. Pescado fresco y congelado se vende en Rumania en las tiendas especializadas asi como en las grandes superficies como Kaufland, Carrefour, Auchan y Metro. 

Macromex, Agroalim Distribution, Serpico Trading y Sea Bell Trading han registrado una facturación neta acumulada de casi 140 millones de euros en el 2013. Las empresas han registrado un número acumulado de unos 700 empleados en el 2013.

Algunas marcas de pescado fresco y congelado importados y distribuidos por estos jugadores son: Royal Greenland, Royal Arctic, Adriana etc.

Rumania importa pescado fresco y congelado de Dinamarca, Noruega, los Países Bajos, Bélgica, España, Irlanda, Polonia, EE.UU., Canadá, Vietnam etc.

Para mas informacion sobre las oportunidades comerciales en este sector asi como para contactar directamente con las personas clave en las empresas importadoras rumanas, no duden en contactar con nuestro equipo al 

correo: europa@frdcenter.ro
telefono: +4021 4111459

Tuesday, 9 September 2014

The healthcare system in Romania

The budget assigned in Romania for the public healthcare system has recorded approximately 6.2 billion EUR in 2013, representing 4.4% of the GDP, up by 0.4% compared to 2012. 

The health care in Romania is organised in two different systems: the public system, which is financed mainly through the social health insurance contributions, and a smaller private system, where patients pay for health services.

The social health insurance system in Romania is the main financing system for the population’s healthcare that provides access to a basic package for the insured individuals: medical consultations, prescriptions or basic hospital care. 

The National Health Insurance House is the public, autonomous institution of national interest, with legal identity, whose main activity is to ensure consistent and coordinated operation of the social health insurance system in Romania.

The Romanian citizens pay mandatory contributions out of their salaries to the national social health insurance fund. The following categories are insured without having to pay any contribution: 
- children of 18 years and under; 
- individuals of 26 years and under if in higher education; 
- war veterans, widows and invalids; 
- disabled people without incomes; 
- pregnant women and women who have recently given birth, if they do not have incomes or their income is lower than the national gross minimum wage

The primary medical assistance in Romania is provided by the family doctors or the General Practitioners (GP) and by various practitioner partnerships, ordinary practices or clinics. The GPs provide medical services such as: first aid in medical and surgical emergency, assistance in emergency situations, monitoring chronic diseases or preventive medical care. There are approximately 11,400 GPs in Romania and the average list of registered patients is 1,600. The number of GP’s consultations is approximately 50 million per year with an additional 2.5 million home visits.

Citizens of other EU countries visiting Romania can access the public healthcare system if they hold a European Health Insurance Card from their home country.

The Romanian health sector is in an on-going process of reorganisation which targets the implementation of an integrated computer system and the introduction of the National Health Card and the Patient’s Electronic Record. 

Compulsory starting with January 2013, the electronic prescription represents a big step in the modernisation of the Romanian health sector. The implementation of the Electronic Prescription IT System, developed for the Romanian National Health Insurance House, improves the drug release process, provides a real-time monitoring of the domestic drug consumption and substantially reduces potential errors and fraud.

In Romania, the public health system development is supported by World Bank-sponsored projects. The Second Health Sector Reform Project - APL 2 has been approved for the period December 2004 - December 2013. Its objectives have been to provide more accessible services, of increased quality and with improved health outcomes for maternity and newborn care and emergency medical care and to provide support for the preparation of the primary health care strategy. The total project cost is estimated at 206.5 million USD.

The structural funds in the medical sector in Romania have been administrated through the Regional Operating Programme 2007 - 2013, the Priority Axis 3 (Improvement of the social infrastructure), the Key Area of Intervention 3.1 (Rehabilitation, modernisation and equipping of the health services’ infrastructure). Various public providers of medical services (such as Deva County Hospital, Sibiu County Hospital, Targoviste County Hospital etc) have made investments using funds from the Key Area of Intervention 3.1. 

In Romania, there are the following programmes financed from the public budget:

1. Community public health programme:

  • Supervision and control of HIV / AIDS – this is performed in the Institute for Infectious Diseases “Prof. Dr. Matei Bals” in Bucharest, the Hospital for Infectious Diseases and Tropical Diseases “Victor Babes” in Bucharest and medical units with departments able to treat HIV / AIDS patients
  • Supervision and control of tuberculosis – this is performed in the Institute for Pneumology “Prof. Dr. Marius Nasta” in Bucharest, the network of pneumology units and medical units belonging to ministries that have own medical network


2. Programme for prevention and control of non-contagious diseases:

  • Prevention and control of cardiovascular disease - this is performed in the Institute of Cardiovascular Diseases “Prof. Dr. C.C. Iliescu” in Bucharest, the Heart Institute “Prof. Dr. Niculae Stancioiu” in Cluj-Napoca, the Institute of Cardiovascular Diseases in Timisoara, the Institute of Cardiovascular Disease and Transplantation in Targu Mures, the County Clinical Emergency Hospital in Targu Mures, the Centre of Cardiology in Iasi, the Centre of Cardiology in Craiova, the Floreasca Emergency Hospital in Bucharest, the Bucharest University Clinical Hospital, the Clinical Hospital “Sf. Ioan” in Bucharest, the County Hospital in Baia Mare and the medical units belonging to ministries that have own medical network
  • Prevention and control of oncological pathology - this is performed in the Oncological Institute “Prof. Dr. Alexandru Trestioreanu” in Bucharest, the Oncological Institute “Prof. Dr. I. Chiricuta” in Cluj Napoca, the medical units with departments able to treat patients with oncological diseases and the medical units belonging to ministries that have own medical network
  • Prevention and early diagnosis in other neurological diseases- this is performed in the Bucharest University Clinical Hospital, the Emergency Central Military Hospital “Carol Davila” in Bucharest, the Colentina Clinical Hospital in Bucharest, the Emergency County Clinical Hospital in Targu Mures, the Emergency Clinical Hospital no. 1 “Sf. Spiridon” in Iasi, the Institute of Cerebrovascular Diseases “Prof. Dr. Vlad Voiculescu” in Bucharest
  • Prevention and control of diabetes and other nutrition diseases – this is performed in the Institute of Diabetes, Nutrition and Metabolic Diseases “Prof. Dr. N. Paulescu” in Bucharest, the medical units with departments able to treat patients with diabetes and the medical units belonging to ministries that have own medical network
  • Prevention in nephrology pathology and dialysis – this is performed in the specialised medical units, the pilot centres and the medical units belonging to ministries that have own medical network
  • Prevention and control of haemophilia and thalassemia – this is performed in the National Institute of Haematology Transfusion “Prof. Dr. C.T. Nicolau” in Bucharest, the Fundeni Hematology Clinic in Bucharest, the Pediatric Clinic Fundeni in Bucharest, the Institute for Mother and Child Health “Prof. Dr. Rusescu” in Bucharest, the medical units with paediatric and haematology departments and the medical units belonging to ministries that have own medical network
  • Prevention in endocrine pathology – this is performed in the Institute of Endocrinology “C.I. Parhon” in Bucharest, the Elias Clinical Emergency Hospital in Bucharest, the specialised medical units and the medical units belonging to ministries that have own medical network
  • Prevention in traumatology and orthopaedics – this is performed in the specialised medical units and the medical units belonging to ministries that have own medical network
  • Transplantation of organs and tissues – this is performed in the specialised medical units and the medical units belonging to ministries that have own medical network


In regards to the TB fight, in Romania there are operating 3 national plans:

  • National Strategy for Tuberculosis Control 2013 - 2017
  • National Plan for the Prevention and Management of Multidrug Resistant Tuberculosis 2012 - 2015
  • National Plan for Tuberculosis Transmission Control
More details in our DEMO report: http://www.frdcenter.ro/assets/Romania-Health-and-Pharma-market-2014-DEMO-by-FRD-Center.pdf


Friday, 5 September 2014

The latest developments of the Pharmaceutical Sector in Romania

The 1,600 Romanian companies that have as main object of activity drug distribution reached a cumulative turnover of 5.3 billion EUR in 2013, an increase of 60% compared to the level reached in 2008, the best year for the Romanian economy. Their cumulative profit was of 178 mil EUR compared with 97 mil EUR in 2008.
According to our research, the main three distributors of drugs in Romania are: Mediplus Exim, Farmexpert and Farmexim. In 2013, they have recorded a cumulated net profit of almost 29 million EUR.
Three of the main pharmacies networks in Romania are: Sensiblu, S.I.E.P.C.O.F.A.R. (Dona Pharmacies) and Help Net Farma. According to the FRD Center research, they have recorded a cumulated net turnover of 516 million EUR in 2013, up by 5% compared to 2012.
Some main local representatives of international drug manufactures are: Sanofi Aventis, Pfizer and Krka. In 2013, they have recorded a cumulated net profit of over ten million EUR.
Terapia Ranbaxy, the local subsidiary of Ranbaxy Laboratories, has registered in 2013 a net profit of almost 25 million EUR, up by some 14% compared to the previous year. Ranbaxy Laboratories has entered the Romanian market by acquiring the local drugs manufacturer Terapia in 2006.
The Hungarian pharmaceutical group Gedeon Richter has reported sales of 74.9 million EUR in Romania in the first six months of 2014, up by 5.2% compared to the same period of the previous year.
Zentiva, controlled by the French Group Sanofi, has recorded in 2013 a net profit of aproximately 9 million EUR, up by some 26% compared to the previous year.
For tailored market data on Romania and other markets in Eastern Europe, do not hesitate to contact out team at europa@frdcenter.ro or +4021 4111459

Our website: www.frdcenter.ro

Thursday, 4 September 2014

Retail developments in Romania

Romanian retail sales rose 8.2% in the first six months of 2014 compared with the same period of 2013, on higher sales in all sectors, according to the National Statistics Institute. 

In August, Kaufland Romania opened a new hypermarket in Arad, the second in the city and 93th in its national network. The company aims at ending the year with 100 stores. The investment in expanding the network of shops is estimated between 48 and 72 million EUR. Kaufland is the largest retailer in Romania in terms of sales, surpassing Metro Cash & Carry, Auchan and Carrefour. The Company recorded in 2013 an increase of over 20% in net profit to 75 million euro, while its TO rose 13% to 1.64 billion euros. The company aims to reach EUR2 billion in revenue in Romania by the end of financial year 2017-2018.

Dedeman, the local DIY market leader, opens Friday, September 5, the third store in Bucharest. The investment in the new store is about 16 million EUR. This steady pace of expansion will lead the Dedeman national network to 50 stores by the end of 2015.

Retailer Rewe Romania recently opened its fifth discount Penny Market store in Bucharest and its 151st in Romania, in a EUR2 million investment.  

German retailer Lidl opened in September its 179th supermarket in Romania. The company announced 15 openings for this year. Lidl entered the local market in 2010, when they took over the 100 discount stores Plus from the group Tengelmann.

Carrefour, Dedeman, Praktiker and H&M, four of the largest retail networks in Romania, will all soon open stores in Targu-Jiu (SW Romania), a city with a population of 80,000 people whose livelihood largely depends on Complexul Energetic Oltenia (Oltenia Energy Complex).

Retailer Profi opened two new stores in Romania in August, in Iasi and Drobeta Turnu Severin, reaching a network of 240 units across the country. The retailer plans to further expand its network and targets a total of some 300 stores by the end of the year. Profi is one of the largest retail chains in Romania, being present in 118 cities across the country. The retailer employs more than 5,500 people. Profi supermarket chain of Polish investment fund Enterprise Investors, opened 26 new stores in the first half, or one third of the total new stores opened by modern retailers in this period. The company invested EUR8 million to EUR10 million in expansion, according to ZF estimates.

In September, clothing retailer Takko opened a new store in Bucharest. Takko continues expansion on the local market, planning to reach a network of some 100 stores. The retailer is present in 40 cities across Romania.

Sources: ZF, Romania Insider, the companies

For tailored market data on Romania and other markets in Eastern Europe, do not hesitate to contact out team at europa@frdcenter.ro or +4021 4111459

Our website: www.frdcenter.ro

Wednesday, 3 September 2014

Investment developments in the logistic sector in Romania - new opportunities


The Port of Constanta is a strategic logistic hub at the Black Sea.
According to Prime Minister Victor Ponta, the Port of Constanta requires a development strategy through a partnership with a large port in China or other Asian countries, as well as Western ports, such as Rotterdam or Hamburg.
Currently, the Romanian state is the majority hareholder in Maritime Ports Administration Constanta with 80% of the shares - namely the Ministry of Transport with 60% of the shares and the City of Constanta has 20% of the stake.
The Romanian Government has been considering privatising the Port, keeping 51% of the shares.
In the meantime, excellent grain yields increase the importance of Constanta Port on the regional map and determine investments in storage facilities to support wheat trade. Recently a new storage and cargo handling facility has been inaugurated following a 15 million EUR investment of the Canopus Star - a joint venture owned by Cargill and the local firm TTS.
The new investment started in July 2013 - it is a ultramodern facility that increases the grain terminal capacity from 50,000 tons to 110,000 tons.
In 2009, the volume of grain exports stood at 4.2 million tons. At present the figure more than doubled, reaching 9 million tons, 97% by sea and over 90% from the Port of Constanta. According to Eurostat, Romania reported a production of 7.37 million tonnes of wheat in 2014, up from 7.34 million tons last year.
Romania currently has an estimated grain storage capacity of 17.5 million tonnes, most of which is owned by international traders such as Glencore, Ameropa, Cargill and important local players such as InterAgro or Comcereal.
More details about the logistic and maritime activities in Romania can also be consulted in our demo report: http://www.frdcenter.ro/assets/FRD-Center-DEMO-Report-Naval-Sector-Romania-and-Bulgaria-2014.3.pdf
For a tailored analysis of the sector and market opportunities feel free to contact FRD Center directly at europa@frdcenter.ro or +4021 411 1459; 60; 61.

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CEE and SEE, M&A assistance in Romania, in CEE and SEE.

Tuesday, 26 August 2014

Investment in Romania - risk or opportunity?

In the current market and political conditions in Eastern Europe, are you considering investing in this region? Then here are some data that might interest you. 

In May, Standard & Poor's Ratings Services upgraded Romania's ratings to investment grade citing rapid progress in external position. The country’s long-term sovereign bond rating was raised one step to BBB-, the lowest investment grade, which puts it on par with Russia, Brazil and Spain.

The Agency considered that this reflects Romania's rapid progress in improving its external balances. S&P expects the nation's progress toward consolidating the fiscal accounts and bolstering financial sector stability to continue.

Three of the main strong points of Romania are:

- A relatively large domestic market;
- A skilled and inexpensive workforce;
- Its membership of the European Union (since 2007) and its future adoption of the Euro as currency (2019).

Here are a few examples of recent foreign investments:

In June, Somaco Group, owned by Oresa Ventures, acquires for 8 million EUR the Romanian company Europrefabricate - its two production facilities in Timisoara and, respectively, Targoviste.

In July, Travelport American Group, a world leader in the area of travel commerce, announced the purchase of the B2B Hotelzone, a Romanian hospitality technology provider while Facebook acquires for 500 Million USD the Romanian player LiveRail specialised in on-line delivery of video ads.

In August, GDF SUEZ Energy became majority shareholder of Congaz in Romania, by increasing its shareholding from 28.59% up to 85.77%.

Foreign direct investment in Romania in 2013 reached the highest level in four years at 2.7 billion euro, while in Q1 2014 it totalled 570 million euro, up 30.1% from a year earlier.

Are you looking to make an acquisition or a greenfield investment in Romania? Perhaps we should talk.

In the meantime, feel free to consult and download the FRD Center presentation “Doing Business in Romania”

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Monday, 25 August 2014

Main Hubs for Exports and Imports of Fertilizers in Romania - Ports terminal DEMO analysis

1. Romanian Ports
1.1. Moldova Veche Port
A. Capacity
The Moldova Veche Port is a Danube Port located in the Caras Severin county. It has the surface of approximately 32,000 sqm. The Port’s authority is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Moldova Veche Port has three berths for general goods with the length of 300 m, two berths for wood and general goods with the length of 160 m and one passenger berth with the length of 100 m. The Port has a runway with the length of 400 m, where two cranes of 5 tf x 32 m operate.

The Moldova Veche Port does not have a terminal specialised for fertilizers, but general terminal for goods. The operated goods within the Port are: fertilizers, cereals, oilseeds, oils, fats, wood, solid fuels, building materials, transport material.

The operators of the Port are: SCEP Drobeta SA Orsova and Tehnosteel Vest SRL.

The Port has connexion to the national road system.

B. Volume transited
The traffic in the Moldova Veche Port in 2012 recorded 26,563 tonnes, out of which:
-          1,207 tonnes of chemical and natural fertilizers
-          13,857 tonnes of cereals
-          929 tonnes of oilseeds, oils and fats
-          3,997 tonnes of wood
-          1,061 tonnes of solid fuels
-          5,212 tonnes of lime, cement and building materials
-          300 tonnes of transport material


1.2. Orsova Port
A. Capacity
The Orsova Port is a Danube river port located in the Mehedinti county. The Port has the surface of some 51,000 sqm. Its authority is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Orsova Port has inclined quays with the length of 100 m and vertical quays with the length of 500 m. Also, it has a terminal for passengers.

The Orsova Port does not have a terminal specialised for fertilizers, but general terminal for goods. The operated goods within the Port are: fertilizers, cereals, wood, raw mineral products, iron ore, iron scrap, solid fuels, oil products, gas, metals, metal products.

The Port’s operator is SCEP Drobeta SA Orsova.
The Operator has the storage capacity for bulk products of approximately 4,000 tonnes in the Orsova Port. Thus, the Operator is not able to store the quantities specified by the Client, of 5,000 / 10,000 tonnes of bulk fertilizers.

The Port has connexion to the national road network.

B. Volume transited
The traffic in the Orsova Port registered 183,772 tonnes in 2012, out of which:
-          67,196 tonnes of chemical and natural fertilizers
-          36,469 tonnes of cereals
-          31,391 tonnes of wood
-          1,744 tonnes of raw mineral products
-          22,695 tonnes of iron ore and iron scrap
-          17,796 tonnes of solid fuels
-          475 tonnes of oil products and gas
-          4,696 tonnes of metals (ferrous and non-ferrous)
-          1,310 tones of metal products


1.3. Drobeta Turnu Severin Port
A. Capacity
The Drobeta Turnu Severin Port is a Danube Port with the surface of approximately 140,000 sqm, located in the Mehedinti county. The authority of the Port is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Drobeta Turnu Severin Port is able to accommodate barges of up to 3,000 tonnes. The Port has vertical quays for commercial berths with the length of 300 m, inclined quays for waiting berths of 420 m and inclined quays for winter berths of 365 m. One crane of 5 tf x 32 m and two cranes of 16 tf x 32 m operate within the Port.

 The Drobeta Turnu Severin Port has the commercial traffic capacity of 725,000 tonnes per year.

The Drobeta Turnu Severin Port does not have a terminal specialised for fertilizers, but general terminal for goods. The operated goods within the Port are: fertilizers, cereals, oilseeds, oils, fats, raw mineral products, ore, iron scrap, oil products, gas, building materials, metals, metal products. OMV has an oil terminal within the Drobeta Turnu Severin Port.

The Port’s operator is the company Trans Europa Port SA Galati.
The Operator has the storage capacity of 3,000 tonnes of bulk fertilizers in the Drobeta Turnu Severin Port. Thus, the Operator is not able to store quantities of 5,000 / 10,000 tonnes of bulk fertilizers, as specified by the Client.

The Port has connexion to the national road and railroad networks

B. Volume transited
The traffic in the Drobeta Turnu Severin Port in 2012 recorded 371,826 tonnes, out of which:
-          16,471 tonnes of chemical and natural fertilizers
-          21,681 tonnes of cereals
-          4,782 tonnes of oilseeds, oils and fats
-          108,995 tonnes of raw mineral products
-          23,869 tonnes of iron ore and iron scrap
-          182,437 tonnes of oil products and gas
-          5,966 tonnes of lime, cement and building materials
-          5,639 tonnes of metals (ferrous and non-ferrous)
-          1,986 tones of metal products


1.4. Calafat Port
A. Capacity
The Calafat Port is a Danube Port with the surface of approximately 51,000 sqm located in the Dolj county. The authority of the Port is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Calafat Port has storage platforms on a surface of 11,000 sqm.

The Port has the traffic capacity of 270,000 tonnes per year. It is able to accommodate barges of up to 2,000 tonnes.

The Port has berths for goods with the length of 350 m, an operational front of 100 m and a berth for passengers with the length of 100 m. Two cranes of 5tf x 32 m operate within the Port.

The Calafat Port does not have a terminal specialised for fertilizers, but general terminal for goods. The operated goods within the Calafat Port are fertilizers, cereals, oilseeds, oils, fats, metal products.

The operators of the Calafat Port are: SCEP Drobeta SA Orsova and Cerealcom Dolj SA.

The Port has connexion to the national road and railroad networks.

B. Volume transited
The traffic in the Calafat Port in 2012 recorded 51,367 tonnes, out of which:
-          1,821 tonnes of chemical and natural fertilizers
-          44,485 tonnes of cereals
-          4,416 tonnes of oilseeds, oils and fats
-          645 tones of metal products


1.5. Giurgiu Port
A. Capacity
The Giurgiu Port is a Danube Port located in the Giurgiu county. The authority of the Port is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Giurgiu Port has three sections: Ramadan Sector, Veriga Basin and Plantelor Basin.

The Port is able to accommodate barges of up to 2,000 tonnes.

The Ramadan Sector has platforms with the storage surface of 8,000 sqm. It has the traffic capacity of 435,000 tonnes per year. One crane of 5 tf x 32 m and one crane of 16 tf x 32 m operate within the Ramadan Sector. The Sector has inclined quays with the length of 1,100 m.

The Veriga Basin has the length of some 1,000 m.

The Plantelor Basin has platforms with the storage surface of 29,000 sqm. It has the traffic capacity of 1,320,000 tonnes per year. The Basin has 12 berths. Two cranes of 5tf x 32 m and three cranes of 16 tf x 32 m operate within the Basin.

The Giurgiu Port does not have a terminal specialised for fertilizers, but general terminal for goods. The Port operates fertilizers, cereals, oilseeds, oils, fats, raw mineral products, oil products, gas, building materials, metals, metal products, containers.

The Port’s operators are SCAEP Giurgiu Port, Dunapref SA, CNF Giurgiu Nav SA.

The Operator SCAEP Giurgiu Port does not have spaces able to store bulk fertilizers in the Giurgiu Port. It does not have closed storage spaces, only open storage spaces in the Port. The Operator CNF Giurgiu Nav SA is not able to store bulk fertilizers in the Giurgiu Port

The Giurgiu Port has connexion to the national road and railroad networks.

B. Volume transited
The traffic in the Giurgiu Port in 2012 recorded 301,362 tonnes, out of which:
-          56,649 tonnes of chemical and natural fertilizers
-          55,293 tonnes of cereals
-          14,819 tonnes of oilseeds, oils and fats
-          100,202 tonnes of raw mineral products
-          409 tonnes of oil products and gas
-          19,149 tonnes of lime, cement and building materials
-          18,718 tonnes of metals (ferrous and non-ferrous)
-          20,749 tones of metal products
-          15,374 tonnes of containers


1.6. Oltenita Port
A. Capacity
The Oltenita Port is a Danube Port located in the Calarasi county. It has the built surface of 9,600 sqm. Its authority is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Oltenita Port is able to accommodate ships of up to 2,000 tonnes.

The Port has four mooring ramps for the transport of the oversized pieces, an inclined quay of 200 m (non-operative front) and an inclined quay for goods loading / unloading of 300 m. Three cranes of 5 tf x 32 m operate within the Port.

The Oltenita Port does not have a terminal specialised for fertilizers, but general terminal for goods. The Port operates fertilizers, cereals, oilseeds, oils and fats, raw mineral products, oil products, gas, metal products, transport material.

The operators of the Port are SCAEP Giurgiu Port and TTS SA Bucuresti.

The Port has connexion to the national road and railroad networks.

B. Volume transited
In 2012, the traffic in the Oltenita Port registered 609,636 tonnes, out of which:
-          2,344 tonnes of chemical and natural fertilizers
-          189,217 tonnes of cereals
-          14,404 tonnes of oilseeds, oils and fats
-          401,404 tonnes of raw mineral products
-          1,125 tonnes of oil products and gas
-          970 tonnes of metal products
-          172 tonnes of transport material


1.7. Cernavoda Port
A. Capacity
The Cernavoda Port is a Danube Port with the surface of approximately 130,000 sqm located in the Constanta county. Its authority is the National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu.

The Cernavoda Port has a berth for oil products, commercial berths and passenger berths. The Argos Shipyard has activities in the Cernavoda Port. Two cranes of 5 tf x 32 m and one crane of 16 tf x 32 m operate within the Port.

The Cernavoda Port does not have a terminal specialised for fertilizers, but general terminal for goods. The operated goods within the Cernavoda Port are fertilizers, oil products, wood, raw mineral products.

The operators of the Cernavoda Port are the companies Dobroport SA and Argos SA.

The Port has connexion to the national road and railroad networks.

B. Volume transited
The traffic in the Cernavoda Port in 2012 recorded 436,684 tonnes, out of which:
-          2,830 tonnes of chemical and natural fertilizers
-          22,267 tonnes of wood
-          411,587 tonnes of raw mineral products


1.8. Braila Port
A. Capacity
The Braila Port is a Danube Port with the total surface of approximately 400,000 sqm located in the Braila county. The authority of the Braila Port is the National Company of Maritime Danube Ports Administration Galati - Compania Nationala Administratia Porturilor Dunarii Maritime Galati.

The Braila Port includes the Harsoaia Port, the Turcoaia Port, the Macin Port and the Gura Arman Port.

The Braila Port is able to accommodate ships of up to 18,000 TDW. It has 25 operation berths.

The Braila Port does not have a terminal specialised for fertilizers, but general terminal for goods. The Port operates fertilizers, cereals, general goods, oil products, timber, ballast products etc.

The Port’s operators are the following companies: Hercules SA Braila, Trans Europa Port SA Galati, Cerealcom SA Braila and Romanel SA Braila.

The Operator Hercules SA Braila is able to store quantities of 5,000 - 10,000 tonnes of bulk fertilizers in the Braila Port, but, at present, all the Operator’s spaces are rented for the storage of cereals. The Operator has long-term partnerships with various companies in the cereals sector. The Romanian production of cereals is very good this year so, most probably, the Operator’s storage surface in the Braila Port will be rented to companies in the cereals field until the end of 2013. Therefore, the Operator was not able to provide a quotation for the storage of bulk fertilizers.

The Operator Trans Europa Port SA Galati is able to store quantities of 5,000 - 10,000 tonnes of bulk fertilizers in the Braila Port. At present, all the Operator’s spaces in the Braila Port are rented until the end of September 2013. Therefore, the Operator declined to provide a quotation for the storage of bulk fertilizers.

The Braila Port has connexion to the national road and railroad networks.

B. Volume transited
The Braila Port recorded the traffic of 2,172 thousand tonnes in 2012, out of which 1,819 thousand tonnes of river traffic and 353 thousand tonnes of maritime traffic. The Port registered the traffic of 1,525 ships in 2012.


1.9. Galati Port
A. Capacity
The Galati Port is a Danube Port with the surface of approximately 870,000 sqm located in the Galati county. The authority of the Galati Port is the National Company of Maritime Danube Ports Administration Galati - Compania Nationala Administratia Porturilor Dunarii Maritime Galati.

The Galati Port includes the Docuri Port, Bazinul Nou Port and Mineralier Port.

The Galati Port has 56 operation berths. It is able to accommodate vessels of up to 25,000 TDW.

The Galati Port does not have a terminal specialised for fertilizers, but general terminal for goods. The Port operates fertilizers, chemical products, cereals, general goods, ore, steel products, limestone, timber, laminated products.

The Galati Port’s operators are the following companies: Port Bazinul Nou SA Galati, Port Docuri SA Galati, Romportmet SA Galati, Trans Europa Port SA Galati and Unicom Oil Terminal SA Galati.
Initially the Operator Port Bazinul Nou SA Galati was pending to provide the quotation. After carefully analysing the situation in the Galati Port, the Operator declared that, currently, it does not have enough available spaces to store 5,000 - 10,000 tonnes of bulk fertilizers. In the case of long-term orders, the Operator is able to store approximately 3,000 tonnes of bulk fertilizers and its quotation is as follows:
-          Ship uploading and carrying to warehouse: 3.50 EUR / tonne
-          Loading from warehouse to barge: 3.50 EUR / tonne
-          Storage: 0.50 EUR / tonne / ten days (the first ten storage days are free of charge; the storage period: maximum 30 days)

The tariffs do not include VAT

The other port operators are not able – for various reasons – to store fertilisers this year.
The Galati Port has connexion to the national road and railroad networks.

B. Volume transited
The Galati Port recorded the traffic of 3,989 thousand tonnes in 2012, out of which 2,672 thousand tonnes of river traffic and 1,317 thousand tonnes of maritime traffic. The Port registered in 2012 the traffic of 1,725 ships.


1.10. Constanta Port
1. Capacity
The Constanta Port is a Black Sea Port and a Danube Port (the connection with the Danube river is made through the Danube - Black Sea Canal), located in the Constanta county. The Port covers 3,926 hectares, out of which 1,313 hectares on land and 2,613 hectares on water. The authority of the Constanta Port is the National Company of Maritime Ports Administration Constanta - Compania Nationala Administratia Porturilor Maritime Constanta.

The Constanta Port has an operation capacity of approximately 120 million tonnes per year. The Port has 156 berths, out of which 140 berths are operational. The Port is able to accommodate tankers with the capacity of 165,000 dwt and bulk carriers with the capacity of 220,000 dwt. The Port’s facilities allow the accommodation of any type of river vessel.

The Constanta Port has a terminal specialised for fertilizers and chemical products. It has the storage capacity of over 100,000 tonnes and the operation capacity of 4.2 million tonnes per year. The terminal has ten berths with depths up to 13.5 m. The terminal is able to accommodate vessels of up to 30,000 dwt and has the total operation capacity of 30,000 tons of phosphates.

The companies Chimpex, TTS Operator, Socep are operators of fertilizers and chemical products in the Constanta Port. They have areas dedicated for the operation and the storage of fertilisers and chemical products.

The Operator Chimpex is able to store quantities of 5,000 - 10,000 tonnes of bulk fertilizers in the Constanta Port, but all its spaces are rented for the storage of cereals for the next period. Therefore, the Operator did not provide a quotation for storage of bulk fertilizers.

The Operator Socep is able to store quantities of 5,000 - 10,000 tonnes of bulk fertilizers in the Constanta Port and it provided the following quotation:

Trans-shipment:
-          indirect trans-shipment (ship - storage space): 2.50 EUR / tonne
-          indirect trans-shipment (storage space - auto/railway): 2.50 EUR / tonne
-          indirect trans-shipment (storage space - barges): 2.50 EUR / tonne

Storage:
-          for quantities of 5,000 - 10,000 tonnes: 3,000 EUR / one week
-          for quantities < 5,000 tonnes: 1,700 EUR / one week

The storage period is calculated starting with the land discharging day to the takeover day.

Optional operations:
-          Wagon weighing: 8 EUR / wagon
-          Tax for wagon maneuvers in port, tax for maneuvers for railways: 18 EUR / wagon

For operation in direct trans-shipment, the vessel length must not exceed 16 m.

The tariffs do not include VAT and the customs taxes.


The Port has connexion to the national road and railroad networks.

B. Volume transited
The total traffic in the Constanta Port in 2012 was of 50,584,662 tonnes, up by 10% compared to 2011. The traffic in 2012, by type of goods, was as follows:
-          Natural and chemical fertilizers: 2,153,597 tonnes
-          Cellulose and waste paper: 25,832 tonnes
-          Cement, lime, prefabricated materials for constructions: 547,769 tonnes
-          Cereals: 12,628,340 tonnes
-          Chemical products from coal and tar: 131,411 tonnes
-          Coal, coke: 3,504,331 tonnes
-          Crude oil: 5,042,697 tonnes
-          Food stuff and animal feed: 497,245 tonnes
-          Glassware and ceramic products: 64,588 tonnes
-          Iron ores, scrap: 6,888,094 tonnes
-          Leather, textiles, clothes and other products: 172,811 tonnes
-          Livestock, sugar beet: 49,245 tonnes
-          Machines, transport equipment: 369,418 tonnes
-          Metal products: 1,871,458 tonnes
-          Metalware: 2,833 tonnes
-          Miscellaneous: 6,958,497 tonnes
-          Non-ferrous ores and scrap: 2,643,509 tonnes
-          Oil products: 3,999,621 tonnes
-          Oil seed, oleaginous fruits and fats: 736,300 tonnes
-          Other chemical products: 1,029,540 tonnes
-          Potatoes, other fresh or frozen fruits and vegetables: 20,604 tonnes
-          Raw or processed minerals: 318,400 tonnes
-          Wood and cork: 928,522 tonnes


2. Ports’ ownership and lease

The infrastructure of the Ports in Romania is owned by the Romanian State.

Through Government Decisions, the Romanian State established National Companies that activate as port authorities in charge to perform activities of national public interest. These are: National Company of Maritime Ports Administration Constanta - Compania Nationala Administratia Porturilor Maritime Constanta (CN APM), National Company of River Danube Ports Administration Giurgiu - Compania Nationala Administratia Porturilor Dunarii Fluviale Giurgiu (CN APDF) and National Company of Maritime Danube Ports Administration Galati - Compania Nationala Administratia Porturilor Dunarii Maritime Galati (CN APDM).

The Ministry of Transport leases the Ports’ areas to these National Companies. The National Companies rent the Ports’ surfaces to private operators.


The Port Operators rent the storage spaces within the Ports to importers and exporters of chemical fertilizers and other products. The storage spaces are rented for a few days and not for long periods. The rent prices for the storage of chemical fertilizers are calculated based on the quantities, package, number of storage days.

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