November 4, 2010 Ramada Plaza Bucharest
The investments of Russian companies in the local economy are so far concentrated in the energy and heavy industry sectors, adding up to over USD 1.5 billion up to present. Some of the biggest names are Lukoil, Mechel and TMK, confirming the Russian interest in developing energy projects and gas investments locally.
The volume of commercial trade between the two countries was on an upward trend since 2007, reaching USD 2.9 billion in the first half of the year. Still, among Russia’s European trading partners Romania is on the last position, taking up only 0.7 percent of the total trading volume with EU states. At the same time, exports of Romanian companies to the Russian Federation totaled USD 580 million in 2009, up 80 percent since 2007.
Join us at the first edition of the Russian Business Forum to get in touch with the Russian investors and managers doing business in Romania!