Bilateral relations

Economic Relations

The strategic and privileged relations between Romania and the United Kingdom of Great Britain and Northern Ireland are now benefitting from outstanding political and economic cooperation.

The Romanian – British relations are stronger than ever. During the years that have passed we witnessed continuous development and enhancement of relations between institutions, but also between individuals, the British-Romanian relationship being based first of all on a similarity of understanding of the world and of certain values.

The bilateral cooperation is moving forward on a fast track, boosting the two-way trade, business and investment. UK is already one of the largest investor in Romania. On average, 17 companies with British capital are registered every month, and Romania now has over 5000 companies with British capital.

UK is a major economic and trading partner of Romania, ranking 6th in the top Romanian export destinations and 13th in the top import sources. The bilateral trade reached in 2017 the highest level in our history: EUR 4.25 billion.

The British companies should look more closely at the opportunities in Romania: its strong macro-economic fundamentals, its large and still under-serviced domestic market, its highly qualified and competitively priced workforce, its advantageous geographic position with reach in the Balkans and Black Sea regions. And of course it is part of the EU Single Market and a three-hour flight from the UK, making it an accessible domestic market, with 19 million consumers, for small and medium sized companies and the larger ones as well.

 

Invitation to participate to the public works procurement procedure at the Consulate General of Romania in Manchester

05/24/18

The Consulate General of Romania in Manchester organises a public works procurement procedure - competitive negotiation - for fitting and refurbishing the premises situated at Abbey House, Booth Street, Manchester, M2 3LW (ground floor and first…

Scholarships offered by the Romanian Government to foreign citizens through the Ministry of Foreign Affairs

02/09/18

The Ministry of Foreign Affairs of Romania has launched the applications procedure for 85 scholarships for under and post-graduate studies in Romania. Qualification criteria: 1.Foreign citizens coming from all the states of the world, except…