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TRENDS AND OPPORTUNITIES TOWARDS EU ENLARGEMENT IN CLUJ COUNTY Udine, December 2003

TRENDS AND OPPORTUNITIES TOWARDS EU ENLARGEMENT IN CLUJ COUNTY Udine, December 2003. CORPORATE READINESS FOR ENLARGEMENT IN ROMANIA. Romanian companies enthusiastic for Accession : 97% of Romanian companies favour joining the EU (the highest share in 2003 among 10 candidate countries);

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TRENDS AND OPPORTUNITIES TOWARDS EU ENLARGEMENT IN CLUJ COUNTY Udine, December 2003

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  1. TRENDS AND OPPORTUNITIES TOWARDS EU ENLARGEMENT IN CLUJ COUNTYUdine, December 2003

  2. CORPORATE READINESS FOR ENLARGEMENT IN ROMANIA Romanian companies enthusiastic for Accession: • 97% of Romaniancompanies favour joining the EU (thehighest share in 2003 among 10 candidate countries); • 59% of the respondents are satisfied withthe accession negociations; Aquis compliance • 43% of companies have not startedpreparations • 12% have acosts estimate for compliance • Study realised by Eurochambres in the CAPE programme

  3. CORPORATE READINESS FOR ENLARGEMENT IN ROMANIA Expected effects after accession for Romanian companies: • better access to Europeanmarkets and capital markets • increased ‘competitiveness’, • 58% expect to be able toadapt to the Single Market with theirown means • 24% seek a strategicpartner. • 11% will notchange their strategies with EU entry. • Study realised by Eurochambres in the CAPE programme

  4. NORTH WEST REGION 8 DEVELOPMENT REGIONS CLUJ COUNTY ROMANIA

  5. Regional Attractiveness IndexNorth West Region Study realized by PricewaterhouseCoopers

  6. Regional Attractiveness IndexCLUJ COUNTY – Business environment • Average salary per economy– above the region’s average • Turnover of the private stock companies – 3.6 % of the national total – above the region’s average – rank 4 at the national level, following Bucharest, Timiş and Prahova • Number of banking clients among the private stock companies – 4.8 % of the national total – above the region’s average

  7. Regional Attractiveness IndexCLUJ COUNTY – Business environment • Number of foreign capital companies having more than 250 employees – 2.9% of the national total – above the region’s average • Share capital of foreign investment companies subscribed within the interval 1991 - 2002 - 2.3% of the national total – above the region’s average • Unemployment rate - 9.9% - above the region’s average • Regional attractiveness Index for the business environment: 23.1 (as compared to 16.4 for the whole North-Western Region)

  8. Regional Attractiveness IndexCluj County – BUSINESS ENVIRONMENT Study realized by PricewaterhouseCoopers

  9. EXPORT AND IMPORT FROM CLUJ COUNTY

  10. Cluj Chamber of Commerce and IndustryTHANK YOU!

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