According to the National Prognosis Comission, the beverage industry will grow 6.8% in 2017, up from 3.2% in 2016.
The Romanian automotive manufacturing industry is expected to see a 7% increase compared to last year.
Production of coke and refined petroleum products, which includes mainly the oil refining segment, will grow by 8.7% this year, compared with 7.3% in 2016 and 0.1% in 2015.
The sector of manufacture of other non-metallic mineral products is expected to grow 9.8% this year.
The manufacture of computers and electronic and optical products is the area which is estimated to register the highest increase: 12% in 2017 compared to the previous year.
According to the National Statistics Institute and the Prognosis Comission, the Romanian industrial manufacturing branches that have significantly increased their turnover in 2016, compared to the previous year were:
- paper and paper products production: 23.6%
- electrical equipment manufacturing: 14.6%,
- manufacture of road transport vehicles: 12.6%
- coal and coke production: 11.5%
- chemicals and chemical substances: 10.9%
- furniture manufacturing: 10.9%
Due to the current developments, the Romanian industrial players are looking for modern technologies and tooling, special materials and machinery. Many of them are regularly visiting industrial trade fairs, such as Hanover Messe, in order to identify suitable suppliers.
For the FRD Center Market Services Corporate Presentation and Case Studies feel free to visit:http://market-entry-romania.blogspot.ro/2017/03/frd-center-market-services-corporate.html
FRD Center provides individual tailored B2B matchmaking services, organises in-coming trade missions to Romania as well as out-going Buyer Missions from Romania to the Client's market.
For international buyers looking to acquire local companies in Romania and the region, FRD Center provides target acquisition search & selection services, M&A assistance and deal origination.
To foreign companies looking to enter and expand on the Romanian market, FRD Center provides competitive analysis and in-depth market research to assist them strategise and benchmark against the local players already on the market.
Some of the FRD Center activities in 2016 can be consulted athttp://www.frdcenter.ro/English/about%20us.htm
Are you looking to acquire a player or make greenfield investment in Romania and thus set up operations in the region? Perhaps we could collaborate.
Romania is a gateway to the EU and Eastern Europe and numerous crossborder investments and acquisitions are registering double-digit profits. Why acquire a player in Romania? More details at http://market-entry-romania.blogspot.ro/2016/11/why-choose-to-acquire-player-in-romania.html
Sectors of interest for crossborder acquisitions in Romania include: healthcare, private medical services, industrial manufacturing, automotive, food processing, agribusiness, chemicals production and distribution, furniture manufacturing, IT, BPO.
More details about successful crossborder acquisitions in Romania at http://market-entry-romania.blogspot.ro/2017/01/successful-crossborder-acquisitions-in.html
Since 2000, FRD Center offers market research and M&A consulting services to foreign buyers and investment funds interested to enter Romania and the emerging markets in Europe as investors or joint-ventures.
More details about our Deal Origination services are available at: http://market-entry-romania.blogspot.ro/2017/02/deal-origination-in-romania-and-region.html
For tailor-made sector data, B2B matchmaking with players in the Emerging Markets in Europe, for M&A assistance and target origination feel free to contact the FRD Center team at: email: email@example.com or tel: +4021 411 1459/60/61