Country Information Export Development Canada Europe and CIS

Romania

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Evaluating the market in Romania

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position –Low  Medium Risk

Low to Medium Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Romania

Romania  joined the European Union in 2007 and is generally characterized as a functioning market economy. Trade is of high importance to Romania's economy, the country is heavily dependent on imports and export demand, particularly for machinery and equipment, fuels and minerals. According to the Master Transport Plan announced by the government of Romania in Nov 2014, the country needs to invest about EUR 50billion through to 2030 to enhance and expand its transport infrastructure. Canada has an established  trade and investment relationship with Romania  and there is potential for Canadian trade and investment opportunities going forward. 
  • Construction & Infrastructure
  • Mining & Metals
  • Oil and Gas
  • Power
  • Telecom
  • Transportation Services
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC