WHY TO INVEST IN CONSTANTA COUNTY Constanta, 11th of October, 2018 CONSTANTA Location: - South East of Romania Area: - 7,104 sq km.(3% of the total surface of the country) Constanţa County has 3 municipalities, 9 towns and 58 communes. Population: 769,183 inhabitants Density: 108 inhabitants/sq. km Degree of urbanization: 69,5% 3 municipalities (Constanta, Medgidia, Mangalia) 9 towns (Băneasa, Cernavodă, Eforie, Hârşova, Murfatlar, Năvodari, Negru Vodă, Ovidiu, Techirghiol) 58 communes. Economic and financial data and indicators Active companies: 47,472 (at 16th of July 2018) Total turnover (2016): 10.2 billion EUR current prices, representing 3.8% of the national turnover, being the fifth Romanian county Gross investments of the companies (2016): 682,4 mil Euro current prices Net investments of the companies (2016): 399,56 mil Euro current prices Persons involved in the economic activity: 296,600 employees (at 1st of January 2017) Average number of employees: 186.3 thousands persons (at 31st of May 2018) • County’s GDP (2015): 7050 mil Euro current prices • Gross added value (2015): 6203,24 mil Euro current prices • GDP per capita (2015): 10,331 Euro current prices • Total volume of exports in 2017: 1,996,653 thousands Euro • Total volume of imports in 2017: 2,687,663 thousands Euro. ECONOMIC HISTORY Main economic fields: - port services and shipping industry - oil processing industry - nuclear and wind energy production - tourism - agriculture - trade WORKFORCE Employees engaged in economic activities: 296,600 employees (at 1st of January 2017) Unemployment rate: 2 % (May 2018) The largest companies, by the turnover: - Rompetrol Rafinare SA–oil processing in Petromidia Refinery from Navodari - Ameropa Grains SA (Swiss capital) – wholesale with grains, fodder, seeds - Daewoo-Mangalia Heavy Industries SA – building of ships and floating structures Energetic field: - In Constanta county there is the only nuclear power station in Romania (Cernavoda). There are expected foreign investors for construction of 3 and 4 units. - On the Dobrugean territory (Constanta and Tulcea counties), there is the largest park with wind turbines in Central and Eastern Europe Constanta Port - located on the route of three Pan - European Transport Corridors: Corridor IV, Corridor IX and Corridor VII (Danube) – connecting the North Sea with the Black Sea, by Rhine-Main-Danube Corridor - is the largest and deepest harbour at the Black Sea and the fourth largest European port - total area (land and water) of 3,926 ha (1,313 ha land and 2,613 ha water). - one of the main hubs for the region of Central and Eastern Europe - operation capacity: 120 mil tons/year - 156 berths, out of which 140 operative berths - 29.83 km total piers length - 7 – 19 m max. The Danube – Black Sea Canal Inaugurated in May, 1984, has the following technical particulars: • 65 km length, 90 m width, • 7 m depth, • 5.5 m current draught, • 16.5 m bridge clearance, • 10-12 km/h sailing speed The canal is accessible to the river-maritime ships up to 5,000 dwt, with a total length of 138 m, 16.8 m breadth and 5.5 m draught. Across the canal can sail convoys up to 6 barges, with a total length of 296 m, breadth of 22.88 m and 3.8 m draught (3000 tons each). Alongside the canal there are 2 commercial ports: Basarabi and Medgidia, where various operations can be performed, such as: loading-discharging, cargo storing and passenger transit. Agriculture - main contribution to the county’s GDP. - county’s agricultural area: 558,204 hectares - most of the area is of the best quality - total cultivated area: 483,980 hectares - irrigated land: 6.500 hectares. - The main crops of Constanta county are: cereals for grains (output of wheat and rye, barley, two-row barley and maize), leguminous for beans (beans and pea), oily plants (sun-flower-ranking the 1st in Romania, soy, flax), potatoes, vegetables, grapes and fruits. - Vine-growing stands high in Constanta's county economy, the most significant and well-known vineyards prove to be: Murfatlar, Medgidia, Ostrov, Cernavoda and Viisoara-Cobadin. Tourism Constanta County represents one of the most important tourism areas of Romania, mainly due to Black Sea Coast (82 km out of the total of 245 km, as represents the Romanian Black Sea Coast). This outstanding component of Constanta county concentrates about 26% of Romania’s 84157 tourists’ accommodation capacity, by its 19 sea side places (out of which 13 resorts), with a great infrastructure. Accommodation units (at 31st of July 2018): 838 units 84,157 beds This important infrastructure, alongside with some natural factors, especially the beaches quality, the rural tourism potential, ranks among the outstanding factors for high-class tourism in this area. The main resorts: Mamaia, Eforie Nord, Eforie Sud, Costinesti, Techirghiol, Neptun-Olimp, Venus, Saturn, Mangalia COMPANIES WITH SUBSCRIBED FOREIGN SHARE CAPITAL TOTAL Constanta*: 2691 * Based on the number of companies registered until July 16, 2018, source: the National Trade Register Office MAJOR FOREIGN INVESTORS IN CONSTANTA COUNTY as to subscribed foreign share capital Rompetrol Rafinare SA (oil processing) Midia Marine Terminal SRL (handling), Westhouse Group SRL (real estate development), Santierul Naval Constanta SA (building of ships and floating structures), Corni Eolian SA (production of electricity) E – Distributie Dobrogea SA (electricity distribution) Crucea Wind Farm SA (production of electricity) Land Power SA (production of electricity) North Star Shipping SRL (other support transportation activities) United Shipping Agency SRL (handling) Turkey investments in Constanta: In Constanta county, on 16th of July, 2018 there were 514 active Turkey share capital companies, the total subscribed capital amounted to 82,055,953 lei (17,838,251 Euro). The main fields of the Turkey share capital companies are: . Growing of cereals (except rice), leguminous crops and oil seeds . Manufacture of plastic products . Non-specialized wholesale trade . Renting and operating of own or leased real estate . Service activities incidental to water transportation and other transportation support activities . Construction of residential and non-residential buildings . Business opportunities and development projects in other industries Mangalia Industrial Park is situated in the Mangalia Shipyard area has an area of 13 ha, direct access to the National Road Mangalia – Negru Voda which crosses, in Mangalia, the European road E87 (DN 39). It has railway access and access possibilities to Constanta and Mangalia harbors. In the Park there are a number of 28 buildings, covering a built area of about 12000 sqm, with about 2600 sqm available, divided as follows: about 1000 sqm metallic huts, the floor of an immured bay of about 1200 sqm, an immured warehouse building of about 360 sqm. 1 station and 3 fuel tanks of 20 c.m. each are also available. The companies who operate within the Mangalia Industrial Park can benefit of the following advantages: easy road, naval and railway access custody and protection of building and assets favorable rent prices for land and buildings for the beginning years of functioning the existence of buildings and warehouses which can be renovated with minimal financial costs internal asphalted and concreted access routes to all the buildings infrastructure and utilities up to the working area waste land where constructions can be made according to the inquirer’s project qualified work force in Mangalia and in related localities vicinity with 2 important shipyards creates special opportunities for horizontal subcontracting for naval production of pieces and under assembly. The industrial park infrastructure includes: ready access to all areas, electronic weighbridge, power, water, telephone and main gas connections, secure perimeter with a complete CCTV security system. Business opportunities in Ovidiu City Ovidiu City offers for sale/rent a compact land, which is part of the private domain of Ovidiu City and is located near the county road DJ236 (Constanta-Ovidiu-Galesu-Poarta Alba). Area: 50 hectares; Possibility of acces to Poarta Alba-Midia-Navodari Canal, the link of Danube – Black Sea Canal, to A2 Highway Bucharest-Constanta; Utilities: water, electricity and sewage system are foreseen for the 2017 budget execution; Oferred for industrial park destination; No Urbanism Regulation (the Zonal Urban Planning is envisaged to be framed). SC Megalonyx SRL Sells logistic industrial park with nan area of 200.000 sqm in Mihail Kogalniceanu from Constanta county. The project has Zonal Urban Plan approved Located at the juncture of DN2A with DE 626 , being bordered by DE610 At 3 Km far from Aeoroportul Kogalniceanu At 22 Km far from the Port of Constanta At 19 Km far from the Midia Port At 23 Km far from A2 highway Being located close to the ports of Constanta and Midia, it offers free access to the main distribution centers located in the Central and Eastern Europe, through the Black Sea. Business opportunities and development programs of the urban infrastructure The concept of economic development pinpoints the strategic direction of the regional development program. rehabilitation, modernizing and development of the transport infrastructure to improve the passengers' safety and comfort. continuation of the objective “achieving distribution of the natural gases in Constanta county; modernizing the drinking water and sewerage networks, as well as their extension especially to the rural places