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East Midlands Chamber News

Exploring The Road To Romania

Developing ties between Nottingham City Council and Timisoara in Romania could result in promising business opportunities, says Derbyshire and Nottinghamshire Chamber, following a council organised visit.

Laura Grieve, from the Chamber's international trade and information team, was part of the council's delegation, meeting with key political and business contacts in Timisoara.

She said: "Romania already has over 3,000 UK registered companies, and our Chamber is eager to explore links with Timisoara as an area of great interest. Opportunities there are plentiful and we hope our members in Derbyshire and Nottinghamshire can benefit.

"Also, as a member of the Enterprise Europe Network, we were there to promote the opportunities of a larger European Union, of which Romania is a key member. We are very pleased with our first meeting with our new colleagues at Chamber of Commerce Timisoara and look forward to a successful cooperation."

Between 8 and 10 per cent of Romania's exports are from Timis County. Its major industries are food processing, construction, electronics, chemicals automotive manufacture and agriculture.

Timisoara's proximity to Hungary and Serbia mean it could be used to access other markets, and it is very easy for a British organisation to register an office in Romania. The Chamber is investigating the possibility of future sector-focused trade missions to Romania and joint-working on European Union projects.