EENI Global Business School

Syllabus of the Subject

Business in Romania. Romanian Economy, Bucharest



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Romanian Foreign Trade. Romania: exporter of agricultural products (EU)

  1. Introduction to Romania (EU)
  2. Business in Bucharest
  3. Romanian Economy
  4. Romanian Foreign Trade
  5. Investment in Romania
  6. Case Study: structure of marketing and sales promotion in the Romanian market
  7. Access to the Romanian Market
  8. Business Plan for Romania

Sample:
Trans-European Transport Network Corridors (Poland, Slovakia, Austria, Italy)


The objectives of the subject “International Trade and Business in Romania” are the following:

  1. To analyze the Romanian Economy and Global Trade
  2. To know the business opportunities in the Romanian market
  3. To analyze the trade relations of Romania with the country of the student
  4. To know Romanian trade agreements as a member of the EU
  5. To develop a business plan for the Romanian Market

E-learning Course Master, International Business

The Subject “Foreign Trade and Business in Romania” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Romania Masters, Doctorate, Foreign Trade, Business Masters adapted to Romanian Students.

Languages: Masters, Doctorate, International Business, English + Study Master Doctorate in International Business in Spanish Rumanía Study Doctorate in International Business in French Roumanie Masters Foreign Trade in Portuguese Romenia.

EENI Global Business School Romanian: Master Comerţ Exterior.

  1. Credits of the Subject “Doing Business in Romania”: 1 ECTS
  2. Duration: one week

Foreign Trade and Business in the EU Countries

International Trade and Business in Romania.

Trans-European Transport Corridors

Transport Corridors related to Romania
  1. Europe-Caucasus-Asia Corridor
  2. Pan-European Corridor IX (Finland-Greece)
  3. Access to the Trans-Caspian Trade and Transit Corridor

EU International Relations

Market Access - Free Trade Agreements

Romanian Preferential Access and Trade Agreements:

European Single Market

  1. Romania and the Orthodox Economic Area / European Economic Area
  2. The EU
    1. European Single Market
    2. The EU Services Directive
    3. European Digital Single Market
    4. As a member of the EU, Romania is a beneficiary of the EU Trade Agreements
  3. Organization of the Black Sea Economic Cooperation
  4. Central European Initiative
  5. Council of the Baltic Sea States
  6. Regional Cooperation Council
  7. ALADI (observer)

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. Convention Harmonization of Frontier Controls of Goods
  4. Hamburg Rules
  5. Organization for Cooperation between Railways (OSJD)
  6. COTIF Convention
  7. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  8. CIM, CIT Rail Rules
  9. BIC
  10. Chicago Convention (ICAO)
  11. IMO
    1. Convention for Safe Containers
    2. Istanbul Convention
  12. Customs Convention on Containers (CCC, UN)

The EU and Their Institutions

  1. EU
  2. ECB
  3. EIB
  4. EBRD
  5. EU-CELAC Summit
  6. UNECE

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF
  5. International Bank for Reconstruction and Development
  6. Asia-Europe Meeting

Romania was a member of the Central European Free Trade Association


  1. Romania is an Eastern European country, sharing borders with Ukraine, Moldova, Bulgaria, Serbia and Hungary
  2. The capital of Romania is Bucharest (2.5 million people, 9% of the population of Romania)
  3. Area of Romania (Europe): 238,391 km²
  4. Romanian Population: 20 million people
  5. Government of Romania: Semi‑presidential Republic

Religion in Romania: Orthodoxy (Christianity).

Orthodox Christianity, Ethics and Global Business

Romania belongs to:

  1. Orthodox Economic Area
  2. European Economic Area

Romanian Economy

  1. Bucharest is the most economically and industrially developed city (21% of the Romanian GDP and 25% of industrial production)
  2. Nominal GDP of Romania: 189,659 million dollars
  3. Romania has significant natural resources: petroleum, natural gas, coal, iron, copper and bauxite
  4. The Romanian major industrial activities are metallurgy, petrochemicals and mechanical industry
  5. Romanian industrial sector: 35% of the GDP
  6. Romanian services sector: 55% of the GDP
  7. Currency of Romania: Romanian leu
  8. Entry into the EU: 1 January 2007

Foreign Trade (Importing, Exporting)

Romanian Foreign Trade

  1. Romania is one of the largest agricultural exporter of the EU
  2. The main trading partners of Romania are Germany, Italy, France and South Korea
  3. Top Romanian Export Markets are Germany, Italy, France and Turkey
  4. The main suppliers of Romania are Germany, Italy, Hungary, France, China and Russia
  5. Romania attracted 21.8 billions of dollars in foreign direct investment

(c) EENI Global Business School (1995-2024)
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