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The US Commercial Service in Romania is exited to host this year’s Trade Winds Southeast Europe. If you have any issues before or upon arrival please contact Office Manager Monica Bogodai at Monica.Bogodai@trade.gov or +4 0722 205 491.
Romania is a market with excellent potential, a strategic location, and an increasingly solid business climate. Its economy is among the EU’s fastest growing; following 3.4% growth in real GDP in 2013 and 2.8% in 2014, provisional data indicate 3.8% growth for 2015, primarily driven by consumption and investment – the fastest rate since 2008. And the country is well on track for another year of near 4% GDP growth in 2016.
Romania will be eligible to receive approximately €43 billion in Structural and Cohesion funds and Rural Development and Fisheries funds from the EU in the 2014-2020 programming period (according to the Partnership Agreement for Romania). Bilateral trade in goods between Romania and the United States was nearly $3 billion in 2015, with over $2 billion in Romanian exports to the United States and just under $1 billion in U.S. exports to Romania.
The balance of this report is intended to aid American companies in developing and executing new and increased sales to this important and promising – yet still transitional – EU market.
You must have a valid passport to enter Romania. Per Regulation no. 610/2013 of the European Union, the passport of third state nationals who travel to Romania or another EU country must meet the following criteria: the passport must be valid for at least three months after the estimated day of exit from the EU country and must have been issued within the last 10 years (documents issued prior to 2003 are no longer accepted). For additional information, please use the following link to visit the website of the Department of State: Schengen Fact Sheet.
U.S. citizen visitors are granted 90 days of stay without a visa within a given six-month period. For stays longer than 90 days, you must obtain an extension from the Romanian Office for Immigration in the area of your residence. If you stay too long, you will need an exit visa. We do not recommend the practice of attempting to “extend” the 90-day period by traveling to another country for a short period and then returning to Romania. State Department Visa Website: https://travel.state.gov/content/visas/en.html
The American Citizens Services (ACS) Unit of the US Embassy Bucharest, Romania, is involved in various matters concerning U.S. citizens in Romania. All non-emergency American Citizen Services (renewal of U.S. passports, Consular Reports of Birth Abroad, Notaries and other services) are provided by appointment only. Links to the online appointment system are provided on the Embassy website http://romania.usembassy.gov, in “US Citizen Services” under the appropriate service category.
4-6 Liviu Librescu Blvd.
Consular Section line 021-270-6000 (press 1) Monday to Friday, 1:00pm to 4:30pm.
After public hours: 021-200-3300
A group booking is made by the U.S. Commercial Service at the Hilton Hotel:
Visit this link to make your hotel reservation
ATHENEE PALACE HILTON BUCHAREST
1-3 Episcopiei Street, District 1, 010292 Bucharest, Romania
The most commonly used airport transportation is taxi that can be obtained in front of the airport. Approximate cost form the airport to the city center by taxi is 30-40RON (approx. $8). Hotel can arrange airport transportation and add charges to your room. UBER is also available in Romania or you can book in advance a BlackCab at http://www.blackcab.ro/en/
Medical care in Romania is generally not up to Western standards, and basic medical supplies are limited, especially outside major cities. Some medical providers that meet Western quality standards are available in Bucharest and other cities but can be difficult to identify and locate. Travelers seeking medical treatment should, therefore, choose their provider carefully. A list of hospitals and physicians is available on the website of the U.S. Embassy in Bucharest. The Department of State strongly urges Americans to consult with their medical insurance company prior to traveling abroad to confirm whether their policy applies overseas and whether it will cover emergency expenses such as a medical evacuation. Travelers should consider that many foreign doctors and hospitals require payment in cash prior to providing service.
In case of emergency, you should call the Emergency Services line at 112 (Ambulance, Fire Brigade and Police) or you may go to the Emergency Hospital in Bucharest (Spitalul de Urgenta), 8, Calea Floreasca, at the intersection with Soseaua Stefan cel Mare (Telephone: 9621, 021-230-0106, 021-230-4953).
Romanian currency is the Leu (RON). The average exchange rate in February 2017 was 4.24RON for 1.00 USD. American Express, MasterCard and Visa cards are widely accepted. Currency exchanges are available at the airport, hotels, exchange offices and banks. Usual working hours are 9 am to 7 pm.
Special customs do not figure significantly in business dealings in Romania; Western business standards apply. Romanians generally have positive attitudes toward America, but also draw on their own and other European cultural references. Romanian nationals are friendly, and foreigners are usually made very welcome. Shaking hands is the normal form of greeting (sometimes a man, usually from the older generation, may kiss the hand of a woman in greeting); normal courtesies are observed when visiting a person’s home. It is important to take business cards to meetings and to give a card to each person present.
Flowers are very popular in Romanian culture, and are given for almost every occasion, including name day celebrations, weddings, and visits to Romanian homes. Always buy an odd number of flowers (even numbers are used at funerals). Casual wear is the most suitable form of dress for most social occasions, but attire may be more formal when specified for entertaining in the evening or in a restaurant or theater. Romanians use the formal addresses of "domnul" (sir) and "doamna" (madam) when addressing one another, although first names are used among younger people and in business with English-speaking partners. It is customary to say "pofta buna" (bon appétit) before eating, and "noroc" (cheers) before drinking.
Temporary Entry of Materials and Personal Belongings
Romania's customs authorities may enforce strict regulations concerning temporary importation into or export from Romania of items such as firearms, antiquities, and medications. Romanian law allows travelers to bring cash into or out of Romania. However, sums larger than the equivalent of €10,000 must be declared. It is advisable to contact the Embassy of Romania in Washington or one of Romania's consulates in the United States for specific information regarding customs requirements.
Romania customs authorities accept the use of an ATA (Admission Temporaire/Temporary Admission) Carnet for the temporary admission of professional equipment, commercial samples, and/or goods for exhibitions and fair purposes. ATA Carnet Headquarters, located at the U.S. Council for International Business, 1212 Avenue of the Americas, New York, NY 10036, issues and guarantees the ATA Carnet in the United States. For additional information call (212) 354-4480, send an e-mail to email@example.com, or visit www.uscib.org for details.
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