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.

Thursday, 25 February 2016

Access the Romanian market of medical devices and health equipment

The Romanian market of medical devices and health equipment, currently estimated at some 470 million EUR, is expected to grow by approx 5% y-o-y, mainly due to Romania's economic growth and increasing health expenditure both by the Government and private consumers, leading to the strong growth of the private medical services market.

The Romanian Ministry of Health' s Program currently focuses on the provision of equipment and medical instruments to public health care units, namely:

  • Endowment of health care units within the health network of the Ministry of Health and local authorities with necessary equipment and medical instruments, to meet the requirements of Health Minister order no. 914/2006 (on the standards for authorization and accreditation of hospitals) 
  • Provision of specific emergency transportation response equipment (ambulances, non-emergency transportation vehicles and helicopters) and renewal of obsolete vehicles 
  • Equipping regional radiotherapy centers 
  • Creating and equipping mobile screening units for oncological diseases 
  • Upgrading and extending the national telemedicine emergency system, especially in the rural areas 
  • Equipment of specialized centers for outpatient diagnosis and treatment (diagnostic imaging, day surgery, cancer diagnosis, mobile screening units) 
  • Rehabilitation and equipment of Public Health surveillance labs (infectious diseases, radiation, drinking and bath water, etc.)
The Romanian market of medical devices and health equipment is expected to reach some 590 million EUR by 2018-2019. Approximately 90% of the medical equipment in Romania is imported. The medical devices and equipment used in Romania are imported from Germany, USA, Italy, the Czech Republic, Hungary, Ukraine etc. 
The Romanian market for Imaging Parts & Accessories was estimated at approx. 35 million EUR in 2013, representing over 30% of the diagnostic imaging market as a whole. This sector is very dynamic with an y-t-y growth rate estimated at 10%. The growth is expected to continue and the market to reach some 160 million EUR in 2018. 
In 2013, the domestic market of Electro-diagnostic Products including ECGs, ultrasound, patient monitoring, MRI and other electro-diagnostic equipment was estimated at some 60 million EUR. These equipments are mainly imported from the US. In the electro-diagnostic products category, the Ultrasound Equipment is the largest, registering sales of over 30 million EUR in 2013.

On the other hand, the Romanian imports of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus, parts and accessories thereof have recorded approximately 1.06 billion EUR  in the first ten months of 2015, which according to the FRD Center analysis represents and growth of 21% compared to the first ten months of 2014.
According to FRD Center market research, there are over 160 independent specialised importer-distributors of medical devices and equipment operating on the Romanian market.

FRD Center has extensive specialised d-base of relevant contacts in the medical devices and health equipment sector, of both importer-distributors andf direct buyers. On behalf of our Clients - the foreign manufacturers interested to penetrate the local market - we contact the relevant key decision makers with product introduction and B2B matchmaking services.
Some examples of providers - importer-distributors - of medical devices and health equipment in Romania are:
  • Fresenius Medical Care Romania has been established in 2000 as a subsidiary of Fresenius Medical Care Deutschland GmbH. It provides a wide range of products for the treatment of chronic renal diseases (hemodialysis and peritoneal dialysis), acute renal diseases and liver failure. Fresenius Medical Care Romania has registered a net turnover of almost 32 million EUR in 2014, up by 2% compared to 2013. 
  • Set up in 1999, Gemedica is an independent importer-distributor of medical imaging and functional exploration devices (CT, NMR, angiography, ultrasound devices etc), surgery devices, anaesthesia and intensive care equipment, suture instruments and supplies etc. The company’s foreign suppliers are: GE Healthcare, Gunter Bissinger Medizintechnik, Covidien, Bayer Schering Pharma, Merivaara, Genano, Hirtz, PVS, MedArt, Endogastric Solutions, Tontarra Medizintechnik or SISU Medical. In 2014, Gemedica has recorded a net turnover of approximately 17 million EUR, up by 15% compared to 2013. 
  • Set up in 1990, Tehno Electro Medical Company (TEMCO) is an independent importer-distributor of anaesthesia and intensive care, physiotherapy, ultrasound, surgery, endoscopy, cardiology, lab, diagnostic devices, medical supplies, medical furniture etc. Furthermore, it manufactures X-ray devices (TEMCO GRx-1). Some brands imported by the company are: Medec Benelux, SCHILLER, Arcomed, JPI, Olympus, ITO etc. TEMCO has recorded a net turnover of almost 14 million EUR in 2014, up by approximately 19% compared to the previous year. 
  • Established in 1992, Sante International is an independent importer-distributor of devices for cardiovascular surgery, interventional cardiology and electrophysiology, analyzers, disinfectants etc. Its foreign suppliers are: Ecolab, Siemens or St. Jude Medical. Sante International has recorded a net turnover of 11 million EUR in 2014, up by some 40% compared to 2013. 
  • General Electric Medical Systems Romania, the local representative of GE Healthcare, has been established in 2000. The company has recorded a net turnover of over 10 million EUR in 2014. 
Are you looking to access the opportunities in the Romanian market of medical devices and health equipment? To connect with local specialised importer-distributors and direct buyers in major private and public hospitals?

Perhaps we can collaborate. For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, for product introduction to potential buyers in Romania, Poland, Czech Republic, Serbia, Lithuania etc. feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

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


Thursday, 18 February 2016

Imports of tractors, agricultural equipment and farm machinery in Romania


In 2014, Romania imported over 11,700 tractors, up by 33.7% compared to the previous year. Their total value exceeded EUR 502.9 million, according to the National Institute of Statistics. Most of the tractors were imported from Germany: 2,477 pieces worth 125.8 million EUR.

In the first ten months of 2015 Romania imported tractors worth 497 million EUR, up 17.58% compared with the same period in 2014 according to the Ministry of Economy.

According to a centralization of the Ministry of Agriculture, Romania has a fleet of 193,120 tractors nationwide. The counties that own most of the tractors are Timis (10,592), Bihor (9,776), Dolj (7,716) and Satu Mare (7,377).

FRD Center is closely monitoring the market of tractors, agricultural equipment and farm machinery in Romania and facilitates access of foreign exporters to importer-distributors and local buyers.

Some of the main importer-distributors of agricultural machinery and farm equipment in Romania are:

Agrocomert Holding
  • Ownership: Romanian private capital
  • Set up year: 1990
  • Types of imported machinery: Tractors, ploughs, trailers, harrows, cultivators, combines, balers, seeders, fertiliser distributors, loaders, forestry equipment etc
  • Brands of imported machinery: Claas, Lemken, Amazone, Oehler, Hawe, Papadopoulos, Jeantil, Mailleux, Fransgard
  • Net turnover in 2014: 13 million EUR, which according to the FRD Center's analysis is up by 104% compared to 2013
  • Other info: Agrocomert Holding has participated at various international and local trade fairs, such as RomAgro Tec, Agromalim, Agraria, Indagra etc.

Titan Machinery Romania
  • Ownership: Titan Machinery USA
  • Set up year: 2011
  • Types of imported machinery: Tractors, seeders, ploughs, trailers, harrows, cultivators, combines, balers, scarifiers, tillers, shredders, hoes, fertiliser distributors, construction equipment
  • Brands of imported machinery: Case IH, Case Construction, Vogel&Noot, Maschio Gaspardo, Tecnoma, Sulky, Stoll, Gregoire Besson, Annaburger, Great Plains, Massey Ferguson, Claas, John Deere, New Holland, Laverda, Horsch, Deutz-Fahr, Challenger
  • Net turnover in 2014: 13.3 million EUR, which according to the FRD Center's analysis is up by 23% compared to 2013
  • Other info: The company usually participates at trade fairs, such as Agraria and RomAgro Tec

General Leasing
  • Ownership: Romanian individuals
  • Set up year: 1993
  • Types of imported machinery: Tractors, trailers, harrows, cultivators, combines, ploughs, shredders, scarifiers, tillers, rollers, seeders, fertiliser distributors, mowers, balers, loaders, tankers
  • Brands of imported machinery: Massey Ferguson, Laverda, Kverneland, Gallignani, Dieci, Gregoire, Clemens Tehnologies, Maschio Gaspardo, Sigma 4, Morra Machine Agricole, Bauer, Vicon, Oehler Maschinen, McCormick
  • Net turnover in 2014: 31.7 million EUR, which according to the FRD Center's analysis is up by 35% compared to 2013
  • Other info: General Leasing has launched in June 2015 a new regional centre located in Iasi county (NE Romania) following investments of 750,000 EUR. The company regularly participates at various international and local trade fairs, such as Agraria, Indagra, RomAgro Tec  

Farm Tech
  • Ownership: Mr. Diya Shoucair
  • Set up year: 2005
  • Types of imported machinery: loaders, manure spreaders, fertiliser distributors, balers, trailers
  • Brands of imported machinery: Schäffer, Strautmann, Goweil, Teagle, Chioda Daniele, Garant Kotte
  • Net turnover in 2014: 8.2 million EUR, which according to the FRD Center's analysis is up by 40% compared to 2013
  • Other info: The company participates at various fairs, such as RomAgro Tec and Indagra.

FRD Center is also closely monitoring the tractor, agricultural equipment and farm machinery manufacturing sector in Romania and the CEE and SEE and facilitates access of foreign manufacturers to local producers.

Two examples of local producers of agricultural equipment and farm machinery in Romania are:

Riela Romania
  • Ownership: Riela Group Germany
  • Set up year: 2003
  • Types of manufactured machinery: silos, grain dryers etc
  • Brand of manufactured machinery: Riela
  • Net turnover in 2014: 1.9 million EUR, which according to the FRD Center's analysis is up by 39% compared to 2013
  • Other info: Riela Romania has regular participations at various international and local trade fairs, such as Agromalim, RomAgro Tec and Indagra.

IRUM
  • Ownership: Romanian individuals (Mr. Mircea Oltean, Ms. Violeta Oltean)
  • Set up year: 1953
  • Types of manufactured machinery: agricultural tractors, forestry tractors
  • Brand of manufactured machinery: IRUM
  • Net turnover in 2014: 16.9 million EUR, which according to the FRD Center's analysis is up by 29% compared to 2013
  • Other info: IRUM has the annual production capacity of 500 agricultural tractors, 250 forestry tractors and 1,200 tonnes of castings. Its factory covers a surface of 175,000 sqm in Mures county (Centre Romania). IRUM exports its products to Germany, France, Spain, Bulgaria or Italy. The company has inaugurated in 2015 a R&D centre of agricultural and forestry machinery.
Are you interested in the opportunities presented by the agricultural equipment and farm machinery sector in Romania and other Emerging Markets in Europe?

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is the latest FRD Center TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:
http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

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

Monday, 15 February 2016

Rumania - uno de los mas dinamicos mercados del UE

Rumania es un mercado emergente de Europa del Este, miembro de la Unión Europea desde el 2007 - es uno de los mas dinámicos mercados de Europa, con un crecimiento anual de 3.5 - 4%.

Datos generales:

- según los datos oficiales provisionales y revisados del Banco Nacional de Rumania, la inversión extranjera directa (IED) en Rumania ha registrado 2.883 millones de euros en los primeros 11 meses del 2015, un 18% superior respecto al mismo período del 2014

- el PIB en Rumania ha registrado un incremento del 3,7% en los primeros nueve meses del 2015, en comparación con los primeros nueve meses del 2014

- según la CE, el crecimiento interanual del PIB previsto en Rumania es del 3,6% en el 2015

- las importaciones CIF en Rumania han registrado casi 63 mil millones de euro en el 2015, un 7,6% más en comparación con el 2014

- las importaciones de alimentos, bebidas y tabaco en Rumania han registrado un 19% más en el 2015 en comparación con el 2014 (5,35 mil millones de euros),

- las ventas al por menor en Rumania (excepto el comercio de auto vehículos y motocicletas) han registrado un crecimiento del 8,9% como serie bruta en el 2015 en comparación con el 2014

- las ventas al por menor de alimentos, bebidas y tabaco han subido con un 19,1% como serie bruta en el 2015 respecto al año pasado

- el volumen de las obras de construcción ha registrado un incremento del 10,4% en el 2015 en comparación con el 2014


- Rumania disfruta de una situación geográfica estratégica y el mercado rumano puede actuar como un traslado a otros mercados importantes en la región como Turquía, Rusia, Croacia, Serbia etc.

- La moneda utilizada en Rumania es el RON. Es una moneda estable, 1 EUR = 4.5 RON

- La población de Rumania alcanza alrededor de 20 millones de personas, de los cuales más de la mitad viven en las ciudades. La población de la capital - Bucarest - es de aproximadamente 2,5 millones de personas. Rumania tiene cuatro ciudades con una población estable de más de 300.000 personas.

- Crecimiento real del PIB:
  • 2016 vs. 2015 = 4,1% (estimado)
  • 2015 vs. 2014 = 3,7%  
  • 2014 vs. 2013 = 2,9%
  • 2013 vs. 2012 = 3,4%
- El PIB per cápita por paridad del poder adquisitivo (PPA) en el 2014 en Rumania: 55 (EU 28 = 100)

- En diciembre del 2015, el salario medio neto en Rumania ha incrementado con un 13,3 % en comparación con diciembre del 2014 y con un 10,2% en comparación con noviembre del 2015.

- Los salarios del personal médico empleado en el sistema estatal han aumentado un 25% a partir del octubre 2015

- Los sueldos del personal empleado en el sistema de educación estatal han aumentado un 15% a partir del diciembre 2015

- A partir de mayo del 2016, el salario mínimo bruto a nivel nacional aumentará con un 19%

- El poder adquisitivo real de los rumanos esta más superior al que indican las cifras oficiales, en principal debito que, en Rumania, la economía “sumergida” (o non-fiscalizada, sin facturación) tiene un porcentaje de aproximadamente 25% del PIB.

- En el 2015, la recaudación de los impuestos es de 58% en Rumania. El objectivo de las autoridades es una taza de recaudación de 73% dentro de 2 anos.

- A partir del 1er de junio del 2015, el IVA de los productos de alimentación, de las bebidas no alcohólicas y de los servicios de alimentación se ha reducido de un 24% a un 9%. El IVA general ha bajado a 20% a partir del 1er de enero 2016.

- A partir del 2010, la tasa de inflación de Rumania ha seguido una tendencia descendente, hasta alcanzar el 1,4% en el 2014. El los últimos meses del 2015, la tasa de inflación ha registrado valores negativos (-0,9% en diciembre del 2015).

- La tasa de desempleo en Rumania ha registrado un 6,8% en octubre del 2015.

- Según los datos provisionales, las exportaciones españoles en Rumania en los primeros 11 meses del 2015 han registrado casi 1,7 mil millones de euros, un 15% más en comparación con el mismo periodo del 2014. Las exportaciones españoles en Rumania han registrado aproximadamente 1,6 mil millones de euros en el 2014, un 22% más en comparación con el 2013.

?Estan interesados en exportar, hacer negocios o invertir en el mercado rumano? No duden en contactar con el FRD Center al correo europa@frdcenter.ro y tel: +4021 4111459 /60 /61

Friday, 12 February 2016

Construction and Building Sector in Romania - new developments expected in 2016

The Building and Construction sector in Romania continued to grow in 2015. According to the National Statistics Institute, the number of construction permits for residential buildings issued in the first ten months of 2015 in Romania went up by 3.9% compared to the same period of 2014.

In 2015 compared to 2014, the volume of the construction works in Romania has increased by 10.4% and it is expected to continue the same growth in 2016. The volume of the construction works for engineering buildings in Romania have increased by 20% as gross series in 2015 compared to 2014.

For 2016, developers have plans to deliver a total record of projects of over 700,000 sqm in Romania, representing a total investment of over 800 mil. EUR, according to a report by JLL.

Investment in office buildings remains the top choice, followed by retail projects and logistic and industrial.

Record deliveries scheduled for 2016 in all market segments show a return of investor confidence in Romania's potential to produce profits, but also to final consumers and companies.

The most important office space projects to be delivered in 2016 are:
- Bucharest One - 50,000 sqm rentable area developed by Globalworth
- HBC 2 & 3 - 45,700 sqm developed by Athens
- Oregon Park - 45,000 sqm by Portland Trust

As for the retail construction sector in Romania, it is expected that projects totalling over 237,000 sqm will be delivered in 2016, which will lead to an increase of about 10% of current stock, estimated at 2.8 million sqm. Most deliveries (i.e. 85%), are new projects, The capital, Bucharest, will attract more than half of these investments, namely some 125,000 sqm.

The largest project of the retail construction market to be delivered in Romania in 2016 is Park Lake Plaza Bucharest - 67,000 sqm by Sonae Sierra / Caellum Development, followed by Shopping City Timisoara - 55,700 sqm by NEPI and Piatra Neamt Shopping City - 29,000 sqm also by NEPI.


According to JLL, by the end of 2016 several logistics and industrial projects of 15,000 square meters are scheduled to be completed, so the total modern retail stock stands at about two million sqm, out of which around 195,000 sqm to be delivered in 2016.

The main international trade fair for this sector in Romania is CONSTRUCT EXPO. In 2016, it will take place in the same period with AMBIENT EXPO, ROMTHERM, MOBILA EXPO, ROMENVIROTEC, EXPO FLOWERS & GARDEN, ANTIQUE MARKET and TRADITIONAL PRODUCTS FAIR between 7-10 April at Romexpo.

Are you interested in the opportunities presented by the Building and Construction sector in Romania?


We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is the latest 
FRD Center TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:
http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

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




Monday, 8 February 2016

Doing business in Romania - risk or opportunity?

Romania is the 2nd largest market in Central Eastern Europe (CEE) after Poland. It is one of the most dynamic economies in Europe with direct access to the Black Sea (Constanta Port).

For foreign investors, Romania is an attractive target. According to official provisional and revised data from National Bank of Romania, the foreign direct investment in Romania went up by approximately 18% in the first 11 months of 2015 compared to the similar period of 2014, reaching 2,883 billion EUR.

GDP in Romania has registered an increase of 3.7% y-t-y in the first nine months of 2015.
According to EC, the forecasted y-o-y GDP growth in Romania is 3.6% in 2015 and 4.2% in 2016.

CIF imports in Romania have increased by 7.1% in the first ten months of 2015 compared to the similar period of 2014

Retail turnover volume in Romania (excepting trade with auto vehicles and motorcycles) registered an increase of 8.9% as gross series in 2015 compared to 2014

Retail sales of food, beverages and tobacco in Romania have increased by 19.1% in 2015 compared to 2014.

Volume of construction works has registered an increase of 9.7% as gross series in the first ten months of 2015 compared to the first ten months of 2014.

Main manufacturing industries in Romania are automotive, oil equipment, foods & beverages, chemicals, metal forming, plastic, garments, furniture. 

Romania is a regional hub for ITC, BPO and software.

Romanian economy performances are expected to continue to improve this year, due to tax cuts and salary increases, further EU funding spending and road transport infrastructure development which may further boost domestic consumption and may bring new investors to the country.

“Over the last year, Romania and Romanians have shown their willingness to fight corruption and to protect the independence of the judiciary. The mass demonstrations against corruption have shown how these issues matter to Romanian citizens,” said the European Commission’s First Vice-President Frans Timmermans quoted by Romania-Insider.com

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is our latest TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:
http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

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

Thursday, 4 February 2016

Corruption in Romania - anticorruption fight acknowledged



Is doing business or investing in Romania concerning to you because you consider this country too corrupt?

Romania’s anticorruption fight has recently been acknowledged by the European Commission’s Cooperation and Verification Mechanism (CVM)

Romania has been one of the best-performing economies in the European Union in 2015, with a GDP growth rate for the whole year estimated at close to 4%, and its performances may continue to improve this year, due to tax cuts and salary increases, which may further boost domestic consumption and may bring new investors to the country.

“Over the last year, Romania and Romanians have shown their willingness to fight corruption and to protect the independence of the judiciary. The mass demonstrations against corruption have shown how these issues matter to Romanian citizens,” said the European Commission’s First Vice-President Frans Timmermans.

In 2015, Romania ranks 11 levels better in corruption index. With a score of 46 points, Romania ranks 58th out of 168 countries included in Transparency International’s Corruption Perceptions Index 2015. In 2014, Romania ranked 69th out of 175 countries surveyed, with a score of 43 points (the same as in 2013).

Romania scores better than Italy (61st), Turkey (66th), Bulgaria (69th), and Serbia (71st). 

Romania has made significant progress in the past two years in fighting top-level corruption, which has been acknowledged in the European Commission’s recent CVM report and the Council of Europe’s GRECO report, but continues to be perceived as one of the most corrupt countries in the European Union.

Source: www.romania-insider.com

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is our latest TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:
http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

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

Monday, 1 February 2016

Furniture market in Romania: Manufacturing, Imports, Retail

The furniture sector has a share of 1.48% in the GDP in 2014 in Romania.

According to FRD Center, the furniture manufacturing in Romania has a long tradition. The strong points of the Romanian furniture producers are:
o       availability of resources
o       low labour costs
o       high level of technical qualifications

The production of furniture and furniture parts in Romania has recorded 2,227.5 million EUR in 2014, up by 10% compared to the previous year. The main ranges of furniture manufactured on the domestic market are: living room furniture, bedroom furniture, kitchen furniture, upholstered furniture, mattresses, sofas, small furniture, chairs, tables, bookcases, office furniture.

Mobexpert Group is the leader of the furniture market in Romania. It includes nine furniture plants and a network of ten hypermarkets and 20 stores located all over Romania

The imports of furniture and furniture parts in Romania have recorded 440.6 million EUR in 2014, up by 12.2% compared to 2013.

The sales of furniture and furniture on the domestic market have recorded 783.5 million EUR in 2014, which according to the FRD Center analysis represents a growth of 5.8% compared to 2013.

Ikea is a main furniture retailer in Romania. In the period September 2014 - August 2015, the Ikea store in Romania has recorded sales of 424,479,000 RON (without VAT), up by 12.37% compared to September 2013 - August 2014. The Ikea store has sold 14,167,573 products (out of which the furniture has represented 58%) and has been visited by 3,248,974 persons during September 2014 – August 2015.

According to the FRD Center research and analysis, some of the most important producers and exporters of furniture in Romania are:
  • Aramis Invest
  • Mobexpert Group
  • Taparo
  • Italsofa Romania
  • PGS Sofa & Co
  • Ecolor
  • Cotta International
  • Sortilemn
  • ADA Fabrica de Mobila
  • Plimob
In 2014, they have registered a cumulated net turnover of over 660 million EUR and approximately 13,000 employees.


Opportunities: MATERIALS, COMPONENTS, ACCESSORIES, BRANDS, TECHNOLOGY, EQUIPMENT, FACILITIES, KNOW-HOW, QUALITY CONTROL, STORAGE, RETAIL

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is our latest TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:

http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61


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