ECONOMY INDUSTRY

Vice PM Borc: Work visas for non-EU citizens take at least nine months

It takes nine months for a non-EU citizen to get a work visa in Romania, Vice Prime Minister and Minister of Economy, Commerce and Relations with the Business Environment Costin Borc told a specialist conference on Friday.

“You saw in the auto industry a couple of weeks ago that Ford decided to produce a new model in Romania. It will move the production currently made in India, and start producing in Craiova at the end of next year. How can we ensure more local suppliers for the Ford, Dacia or Daimler factories? When we talk about business services, we’re talking about education, about the need of these investors for highly skilled labour. We’re talking about simple things, which can be addressed quickly. I don’t know if you’re aware, but a working visa in Romania for someone who works, say, for Oracle in a country and is a citizen of a non-EU country actually takes at least nine months. If someone at Oracle Ukraine wants to come work with their colleagues here… How can one work on a project if it takes nine months to get a visa? Projects are lost, an extraordinary income we have is lost,” he detailed.

According to Borc, Romania can maintain its competitiveness by developing energy intensive industries; otherwise, industries like steel, aluminum or car making risk to disappear. “We want to assume very actively the promotion of support for these industries in Europe and find solutions to get out of the crisis you all see developing,” the minister stressed.

 

Only 15pct of exporters are Romanian companies

 

The key to stimulating exports is the increase of the exporters’ number, since currently only 15pct of the exporting companies have Romanian capital, Vice Prime Minister and Minister of Economy, Commerce and Relations with the Business Environment Costin Borc told a specialist conference on Friday.

“We sometimes focus on the wrong things. I wish no one was shocked by what I’m going to say: Romania is not a weak exporter, Romania is a country with few exporter. If we wanted to increment export, we should boost companies that can export, the companies that can compete on the single market. We rank world’s 53rd EU’s 17th in terms of export; exports count for 30pct of our GDP,” said Borc.

He mentioned that only 22,000 companies of the 750,000 registered at the Trade Register (ONRC) are exporters.

“85pct of the export companies are local branches of foreign groups. Only 15pct of exporters are Romanian companies. There are only 50 Romanian companies with turnovers higher than 100 million euro. The key to increase the effectiveness of exports is to increase the number of exporters,” the minister concluded.

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