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December 9, 2022

Romania-Croatia Business Forum hosted by CCIB

Ambassador Kapitanovič:  Croatia can provide Romanians with tourism expertise, Romania’s resources, are like an uncut diamond

The Bucharest Chamber of Commerce and Industry (CCIB) and Lifestyle Check IN from Split organized the Romania-Croatia Business Forum in the Carol I Hall of the CCIB Palace, on the occasion of the 30th anniversary of diplomatic relations between the two states.

The main objectives of the event were aimed at promoting bilateral economic and commercial relations and identifying business and investment opportunities by the participating companies. The forum, opened by the president of the Bucharest Chamber, Iuliu Stocklosa, was honored by the presence of H.E. Maria Kapitanovič, Ambassador Extraordinary and Plenipotentiary of the Republic of Croatia in Romania.

The Croatian delegation, led by Monica Ioanițescu, founder of Lifestyle Check IN, included businessmen active in: construction, tourism, light industry, FMCG distribution, luxury products, research-development-innovation, consultancy in the field of European projects, advice, services and trade in the field of infrastructure, media, education, as well as representatives of business organizations and administrative-territorial units, including representatives of the Romanian diaspora in the Republic of Croatia.

In the opening of the event, the president of the Bucharest Chamber, Iuliu Stocklosa, made a brief presentation of the Romanian economy, underlining the potential of the Capital, a city that concentrates almost a quarter of the companies registered in our country, 30% of the sales area, 19% of the value of exports and 31% of the value of imports.

According to Stocklosa, bilateral exchanges are mainly in agriculture and industry, and Romania is running a balanced trade with the Republic of Croatia.

According to statistical data, bilateral trade increased in 2021 by 15.8 percent compared to the previous year, to 588 million euros of which exports accounted for 298 million euros and imports for 289 million euros.

The upward trend continued in the first seven months of 2022, so that the trade volume was 445 million euros as of July 31, up 31.9 percent compared to the same period in 2021, with exports standing at 261.2 million euros (+60.1 percent) and imports at 183.8 million euros (+5.5 percent).

According to the latest data with the National Trade Registry Office, the number of Romanian companies with Croatian capital was 313 as of July 31, 2021; these businesses had a total paid-up capital of 19.8 million dollars, accounting for 0.14 percent of the total foreign investments in Romania.

Maria Kapitanovič, the Ambassador of the Republic of Croatia in Romania, emphasized the attention paid by her country to the development of diplomatic, economic, cultural and political relations with Romania and pointed out the interest of Croatian businessmen in the Romanian market. According to the Ambassador, agriculture, information technology, logistics and tourism are areas where entrepreneurs from the two countries can develop mutually beneficial projects.

“In terms of natural resources, Romania is like an uncut diamond and Croatia can provide expertise for the development of its accommodation infrastructure and tourism promotion”, Croatia’s ambassador in Romania Marija Kapitanovič told the Romania – Croatia Business Forum.

“Romania is a beautiful country that accommodates a full array of landscapes: sea, lakes, mountains, stunning forests. I personally am thrilled with Romania’s nature, because it is pristine, just as it was in the beginnings. Romania’s resources, especially the natural ones, are like an uncut diamond”, Kapitanovic pointed out, according to Agerpres. “Croatia can provide Romanians with tourism expertise, as it has a rich tradition in the development of this sector,” she added.

In the second part of the event, the guests presented their activity and entered into a dialogue with the representatives of the Romanian companies that responded to the CCIB invitation.

Both during the Forum and in the B2B talks, business opportunities emerged that could contribute to the internationalization of the businesses of the interested Romanian companies.

A special emphasis was placed during the Business Forum on the collaboration between the associations of women entrepreneurs in the two countries. In this context, a Cooperation Agreement was signed between the Organization of Women Entrepreneurs (OFA) UGIR and the Femina Association from Split. On the sidelines of the Forum and based on existing cooperation with partners from Croatia, Daciana Ungureanu from Novaci-Gorj presented part of her ethnographic collection.






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