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
- Transportation Services