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February 25, 2021
BUSINESS

The “Korea-Romania SMEs Business Partnership Plaza 2015”: Korean, Romanian SMEs committed to forge strategic business partnerships

On the occasion of the Anniversary of the 25th year of the diplomatic relations between the Republic of Korea and Romania, the Korean Embassy in Bucharest and the KOTRA Office in Bucharest hosted the “Korea-Romania SMEs’ Business Partnership Plaza 2015” in cooperation with the Romanian Ministry of Energy, SMEs and Business Environment and the Romanian Chamber of Commerce and Industry, the Association of Producers and Importers of Agricultural Machines in Romania and other relevant Associations. The event was held from September 16 to 17, 2015 at the Crowne Plaza Hotel in Bucharest.

Representatives from twenty seven Korean SMEs from Seoul and three Korean companies already operating in Bucharest and over 100 Romanian companies interested in making partnerships with them participated in the event. Romanian participants explored business opportunities with their Korean counterparts by one-on-one business meetings and through a business catalogue exhibition.

Sixteen (16) companies out of the above-mentioned thirty (30) dispatched their representatives to Bucharest, with the rest of them participating in the event via the catalogue exhibition. The Korean SMEs that took part in the event manufacture a wide range of products, including intelligent transportation systems (ITS), LED (Light Emitting Diode) lighting products, eyeglasses and sunglasses, cosmetics & baby products, software solutions, digital artist brushes, self-assembly golf practice nets, agricultural equipment and material (such as a full line of irrigation products, greenhouse or vinyl farming, high-pressure sprayers, and seeding machines), cutting tools, home heating equipment, and transfer films & deco sheets/tiles.
Mr. Cătălin Beciu, State Secretary of the Ministry of Energy, SMEs and Business Environment, and other representatives from Romanian business associations, including the Romanian Chamber of Commerce and Industry and the Bilateral Romanian-Korean Commerce Chamber, also attended the two-day business event.
During the event, Love of Soil Machinery Co. and Dabuleni Research Resort also signed a contract aimed at growing and exporting two varieties of Korean sweet potatoes in Romania.
In a nutshell, the event offered a good opportunity for both the Korean and Romanian SMEs to get to know each other with a view to forging strategic business partnerships in the future.

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