Heb / Eng




Romania

Bilateral chamber of commerce in Israel:

Chairman: Ms. Kolett Avital
General Manager: Mr. Armand Schor
Address: 15, Bialick St., Ramat-Gan 52523
Tel./Fax: +972-3-5750571

Sister Bilateral chamber of commerce in the member state:
Embassy in Israel:

Ambassador: H.E. Edward Iosiper
Economic attaché: Mr. Dorin Refca
Address: 24, Adam Hacohen St., Tel Aviv 64585
Tel.: +972-3-5290611/+972-3-5229472
Fax: +972-3-5247379Website: www.telaviv.mae.ro
E-Mail: office_romania@bezeqint.net ; economic1@bezeqint.net

Israeli Embassy in the member state:

Ambassador: H.E. Dan Ben-Eliezer
Address: B-DUL Dimitrei Cantemir 1,Tronson 2+3 B2 , Piata Unirii , Bucharest
Tel.: +40-21-3189416/7
Fax: +40-21-3189402
Website: HTTP://BUCHAREST.MFA.GOV.IL
E-Mail: amb-sec@bucharest.mfa.gov.il

Country#
EU membership year: 2007
Capital City: Bucharest
Total Area: 238,391 sq km
Population: 21,959,278
Currency: Romanian Leu (RON)

Romania has considerable natural resources – oil, natural gas, coal, iron, copper and bauxite. Metal-working, petrochemicals and mechanical engineering are the main industries. Romania, which joined the European Union in 2007, began the transition from Communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the country's needs. The country emerged in 2000 from a punishing three-year recession thanks to strong demand in EU export markets. Domestic consumption and investment have fueled strong GDP growth in recent years, but have led to large current account imbalances. Romania's macroeconomic gains have only recently started to spur creation of a middle class and address Romania's widespread poverty. Corruption and red tape continue to handicap its business environment. Inflation rose in 2007-08, driven in part by strong consumer demand and high wage growth, rising energy costs, a nation-wide drought affecting food prices, and a relaxation of fiscal discipline, but fell in 2009 as a result of the world recession. Romania's GDP growth contracted markedly in the last quarter of 2008 as the country began to feel the effects of a global downturn in financial markets and trade, and GDP fell more than 7% in 2009, and unemployment nearly doubled. Romania hopes to adopt the euro by 2014.


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