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Guide

Franchising

Importations

Market inserting costs

Payment ways with the foreign countries

Profit’s repatriation

Restrictions and incentives

Fiscal and labor norms

The most promising sectors

Trading with Italy

Norms regarding the foreign investments

Economical status

Company founding with foreign shares

Menù Guide


Dati di base

Area: 238.391 Kmq.
Population: 22.608.000 citizen
Population's Density: 95 citizen/ Kmq.
Official Language: Romanian
Religion: Christian - Ortodox
Monetary Unit: Leu
Istutional Form: Semi-presidentialist Republic
Goverment Headquarters: Bucarest

Practical advice

Official and commercial language
The official language is Romanian. The most used commercial language is English, followed by French and German.

Weight and measurement
Decimal metric system.

Electricity Voltage

360V for industrial use
220V for home use
Frequency 50 Hz

Local time
Italian hour + 01:00
G.M.T. + 02:00 (+ 03:00 in the period of transition to the legal time)
Romania transits to the legal time at the same time as Italy.

Official festivities and schedule

The period of the holidays is changeable with concentration in July, August and December.

Fixed and unfixed festivities of the year:

· 1st and 2nd of January

· 1st of May

· The second Day (Monday) of Easter

·1st of December

· 25th and 26th of December

· 30th of December

Commercial time
The offices follow the unique working hours from 08.00 to 16.00 from Monday to Friday.

Usually, the bank offices are opened from 9.00 to 14.00 from Monday to Friday.

Passports, Visa and sanitary regulations

For the EU citizens there is no need for Visa or specific vaccination.

Currency follows on

Cash sums that can be introduced in Romania:

The foreigners, non-residents in Romania, have the right to introduce, in the limits of 10.000 US dollars maximum (or the equivalent), for any entry in the country.

 

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