Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Business between Romania and Turkey up by 20 pct in 2010

Trade between Romania and Turkey may rise by 20 percent in 2010, chairman of the Turkish Businessmen Association (TIAD) Omer Susli said on Tuesday, during a seminar on the financing of the Turkish companies' businesses that operate on the Romanian market.

Susli said that the Association plans to increase by 20 percent the businesses between Romania and Turkey, because anti-downturn measures have been firmly taken in Turkey and the economic situation is now stable and the Turkish capital is interested in Romania.

In 2009, the bilateral trade totaled 4 billion euros, by 41 percent below the 2008 level, and the drop was registered both for the Turkish exports and imports (34 percent compared to 47 percent).

Turkish investments in Romania amount roughly to 3 billion euros, but actually they are much higher, considering that Turkish companies with the registered office in third countries are also investing in Romania, but the capital appears as being placed by the firms where the Turkish companies have their registered office, explained Omer Susli.

Mutual deliveries are most active in the following sectors: metals and metal products (46.1 percent in export from Turkey to Romania and 22.4 percent in Romanian exports to Turkey), machinery, devices and electric equipment (13.1, respectively 19.8 percent), petrochemistry (20.5 percent compared to 16.8 percent), vehicles and transportation equipment (8.2 and 9.7 percent respectively) and textiles (1.7 percent in Turkish exports and 13.5 in Romanian exports).

Susli said that TIAD's purpose is that bilateral commercial exchanges amount to 8 billion euros by 2012 and he added that among the most important companies in Romania where Turkish capital was invested, there are: Arctic, Rulmentul Barlad, Prolemn doors factory based in Reghin, which successfully exports in China, as well, despite the global downturn.

TIAD was established in 1997 and, at present, it has 5,000 members, who registered in 2009 a turnover of over four billion euros. TIAD members operate in fields such as finance, insurance, health, production, construction, retail etc.

Sursa: http://www.agerpres.ro

Tags: percent romania turkish turkey exports between

Articole similare