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Economic Highlights Romania’S Location Advantages

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Economic Highlights Romania’S Location Advantages Romania Economic Highlights Romania’s location advantages Ucraina M o S ia o l r m d e B a s i o str g ita v a n U P r u t Si r e t M u er s lt O D u na r e A r g e s D Ploiesti u na r e Se Marea Neagra r bia Duna re Bulgaria Romania is located in the South East of Central Europe, being crossed by three important pan- European corridors: no.4 (links Europe from West to East), no.9 (from North to South) and no.7 (inland water transportation on the Danube River); Located at the crossroads of three major markets: the European Union, the Community of Independent States and the Middle East. Extensive maritime and river navigation facilities such as: 1/3 of the Danube river length; over 200 km of the Black Sea shore; largest and deepest port at the Black Sea – Constanta Harbor which is Europe's South-Eastern entry port; the only maritime and river port on the Black Sea, excellent interface between Europe and Asia – for international operators. Romania at a glance Population : 19,240,758 inhabitants (estimations June 2017) of which 88.6% of Romanian ethnic origin Density: 84 inhabitants per sq.km (2017 estimates) Administrative division: 41 counties and Bucharest municipality (with a county status), 320 towns, 2.861 communes Capital city: Bucharest (approx. 1,677,985 inhabitants) Ucraina M o S ia o l r m d e B a s i o str g ita v a n U P r u t Si r e t M u er s lt O D u na r e A r g e s D Ploiesti u na r e Se Marea Neagra r bia Duna re Bulgaria Workforce: 4,8 mil. employees Unemployment rate : 4,34% (April 2017) Currency : leu (RON) 1 EURO = 4.55 LEI (May 2017) Gross Domestic Product – the largest in S-Europe 169 bil. Euro (2016) GDP per capita: 8 672 Euro (2016) 2016 is the 6th consecutive year of economic growth in Romania Romania in the European Union Romania ranks 1st in the EU by: ► Growth of IT services ► Total investment share in GDP ► Speed of Internet connectivity ► Export growth rate over the past decade Romania ranks 2nd in the EU by: ► Number of certified IT specialists ► Office space availability in metropolitan areas ► Wind energy potential ► Low labor cost ► Growth rate of automotive industry over the past decade Romania ranks 3rd in the EU for: ► Oil reserves (with 600 million barrels) ► Export growth rate of R&D services ► Energy independence Romania’s Foreign Trade (2016) Export partners Total exports: 57, 3 billion euros Export products Representative industrial sectors Oil and natural gas Automotive industry IT Agriculture Food industry Wine industry Tourism Ucraina M o S ia o l r m d e B a s i o str g ita v a n U P r u t Si r e t M u er s lt O D u na r e A r g e s D Ploiesti u na r e Se Marea Neagra r bia Duna re Bulgaria PRAHOVA COUNTY PRAHOVA COUNTY Prahova County is located in South-Eastern Romania, at the south of the Carpathian Mountains. Ploiesti, the county seat, is located 60 km North of Bucharest, the capital of Romania. Prahova’s landforms include: • Mountains: 26% • Hills: 37% • Plains: 37% The main natural resources: crude oil, natural gas, salt, coal, wood and limestone. PRAHOVA COUNTY IN FIGURES SURFACE: 4716 km2 (2% of the total surface of the country) POPULATION: 809 052 inhabitants DENSITY: 171.56 inhabitants / km2 PRAHOVA GDP, over the past 9 years (3rd in Romania after Bucharest and Iasi County) Prahova GPD Economic and financial data and GPD per capita indicators (bil. Euro) (Euro) 2008 5,42 6 547 Active companies: 21 975 2009 4,79 5 745 Total turnover: 8,86 billion Euro 2010 4,38 5 268 Profit rate: 3,79 % 2011 4,92 5 946 Persons involved in the economic activity: 2012 4,82 5 849 137 530 employees 2013 5,92 7 223 2014 6,13 7 522 2015 5,5 7 366 Urbanisation degree: 51.19 % 2016 5,92 8 008 2 municipalities (Ploiesti and Campina) 12 towns (Azuga, Baicoi, Boldesti-Scaieni, Breaza, Busteni, Comarnic, Mizil, Plopeni, Sinaia, Slanic Prahova, Urlati, Valenii de Munte) 90 villages ECONOMIC HISTORY . Prahova is the core of the Romanian oil industry, Ploies ti being the capital of all oil- related activities in Romania and one of the most important technological and petrochemical research and educational centers in the world. World’s first oil refinery – Mehedintianu Refinery . World’s first industrial crude oil production (275 tons) in 1857 . Prahova County has 4 oil refineries, of which 3 are located in Ploiesti. The Oil – Gas University, unique in profile across South-Eastern Europe, operates in Ploiesti since 1967. WORKFORCE Employees engaged in economic activities: 137 530 people Unemployment rate: 3.17% (April 2017) Average gross salary (2016) : 2 754 lei (612 Euro) ECONOMIC STRUCTURE There are 21 975 companies registered at the Trade Register in Prahova County, active in the following sectors: Agriculture Tourism Research 45 % Industry ; 31.8 % Commerce Constructions 2,6 1,1 0,02 13.3 % Services; 6 % Constructions 6 Services 2.6 % Agriculture ; 1.1 % Tourism 13,2 Industry 0.02% Research & Development 45 Commerce Oil & gas sector: most representative 31,8 730 companies; turnover: 2.6 bil. Euro 30% of Prahova County’s economic activity 68% of total turnover in the industry sector. AGRICULTURE Prahova County has 269,449 ha of agricultural land. There are 589 companies active in this sector, operating with either public or private capital. Main agricultural products: wine - top quality red wine, meat and meat products, diary products, cereals, vegetables, fruit, etc. orchards vineyards pastures 5% 3% 13% Agricultural arable area 53% meadows surface 26% VITICULTURE AND WINERY POTENTIAL Prahova County is known as the „country of RED WINES”, due to its production of the best red wines in Romania ●Vineyards and vine nurseries : 8235 ha – aprox. 3% of the agricultural surface and 1.74% of the total surface of Prahova County. ●Surface of grape-producing vineyards: 7714 ha. ● 27 wineries in Prahova County Dealul Mare Vineyard, with pedoclimatic conditions very similar to those in Bordeaux Region (France) has important winery centers. Viticulture and winery represent a significant percent of the economy of Prahova County. WINE FESTIVAL – a picturesque commercial, cultural and artistic event held in Valea- Calugareasca, initiated in 2002 by the local autorities and Prahova CCI EXPORT PRODUCTS Oil equipment, chemical and petrochemical equipment – drilling equipment: offshore and on shore, oilfield equipment, valves, compressors, gear units , geared motors and spare parts Industrial equipment, spare parts and casting parts – installation equipment, subassemblies and metallurgical parts Chemical and petrochemical products – detergents, cosmetic products Bearings – bearings for the oil industry Automotive accessories – electric and electronic equipment, wiring harnesses, hoses, cockpit modules, air conditioning and exhaust systems, tires Construction and building materials – wooden houses, cement, marble, doors and windows, window glass, thermo and hydro-insulating products Wood – timber, logs Furniture – chairs, office furniture, kitchen, bedroom and living room furniture Mineral products – glass, glass wool Garments and textile products – women’s and men’s clothing Wine, alcoholic beverages Beverages – natural juices Food products – meat and meat products, honey, canned fruits and vegetables, tomato paste and tomato sauce, cereals, fruit and vegetables Tobacco – cigarettes, filters TOURISM Prahova Valley: best ski resort area in Romania Accommodation units: more than 500 units over 16 500 beds MOUNTAIN AND WINTER SPORTS TOURISM • Sinaia, Busteni, Azuga, Cheia, Slănic resorts • new ski tracks, provided with modern equipment, at Sinaia, Busteni si Azuga HUNTING TOURISM: foxes, wild boars, wolves, rabbits, deer, ducks and wild geese, martens, polecats, badgers, peacocks, bears WINE TOURISM • Prahova is well-known as “the red wine county”, with the famous vineyards from Dealu Mare Region: Valea Calugareasca, Tohani, Urlati, Ceptura • “The Wine Road”: ancient wine road used by the Romans, goes through the famous vineyards in the county AGRITOURISM TOURISM particularly beautiful rural landscapes are emphasized by the Romanian hospitality and cuisine (Cheia, Valea Doftanei, Valea Slanicului); BUSINESS TOURISM more than 20 conference centers and many accommodation facilities with meeting halls; CULTURAL AND HISTORICAL TOURISM churches, palaces, castles, historical and art monuments, museums; HEALTH AND SPA TOURISM mineral springs, fresh air, salt lakes, mud, a salt mine (Slanic, Poiana Campina, Paulesti and Telega) INDUSTRIAL PARKS 5 public-owned industrial parks Ploiesti Industrial Park – with 4 locations – Ploiesti, Urlati, Mizil si Ciorani Plopeni Industrial Park Brazi Industrial Park Barcanesti Industrial Park (Administrator: Prahova County Council) Prahova Industrial Park ( Administrator: Valenii de Munte Local Council) 5 private-owned industrial parks Dibo (Belgian capital) , Allianso Business Park (Belgian capital) , WDP (Belgian capital) , Primus (mixed capital) and Meteor (Chinese capital) Ploiesti Industrial Park DIBO Industrial Park Plopeni Industrial Park Prahova Industrial Park INDUSTRIAL PARKS PLOIESTI INDUSTRIAL PARK S.A. (with locations in: Ploiesti, Urlati, Mizil, Ciorani) • surface: 162.6 ha • 65 companies with Romanian, Japanese, Dutch, German, American and Italian capital • utilities: electrical power, water supply, pluvial and domestic sewerage, gas supply, access roads PRAHOVA INDUSTRIAL PARK S.A. (Valenii de Munte) • surface : 28 ha • 34 companies with Romanian and foreign capital • utilities: electrical power, water supply, pluvial and domestic sewerage, gas supply, telecommunication network, medical and security services INDUSTRIAL PARKS PLOPENI INDUSTRIAL PARK S.A. • surface: 36.47 ha • 25 companies with Romanian and foreign capital • utilities: gas supply, electrical power, water supply, sewerage system, access to county road and railroad BRAZI INDUSTRIAL PARK S.A.
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