Located: Southeastern of Europe. Extension: 237,500 km ².
Division of Rumania:
Independent municipality: Bucarest.
-In the year 106 (Century II) Rumania it happens to be Roman.
- For the 275, the tribes godas invaded the territory and expelled the
-During the centuries XV and XVI was dominated by the Ottoman
-Rumania becomes independent in 1878. His first king is Carol I
- During World War II the country was allied with the Axis.
-In 1947, the Popular Republic of Rumania was proclaimed and
Constantin I took the power.
-In 1967 Nicolae Ceausescu assumed the presidency. He imposed a
personalist and autarkic dictatorship.
-1990: First democratic elections.
-2004: Entrance in NATO
-2007: Entrance in the EU
-Rumania is governed by the constitution created in 1991 . (She was
reformed in 2003)
-It is a democratic and multiparty semi-presidencialist republic.
-The parliament of Rumania is bicameral: the Senate have 137 members and
the house of representatives have 332 members. The members of both
cameras are electing every four years by popular suffrage.
-The judicial power is independent of the other two and is based on the Civil
Code of France
The Rumanian government is based on 5 principles for the transparency,
clarity and trust of population.
He's primary objective is the total integration in Europe and the fulfillment of
Business atmosphere policy. (Private enterprise)
ROMANIA AND THE INTERNATIONAL RELATIONS:
-Rumania develops pacific relations with all the States. He has relations of
-For the foreign investor it is necessary to create a Rumanian society although
the capital is foreign in the totality.
-Rumania is one of the main producers and product agricultural exporter of
Europe. (10% of GDP)
-The industrial sector represents 35% of the GDP .
-The services are the rest 55% of the GDP, the tourism is the main contributor.
- The unemployment is of 5%.
-The exports (28,000 million dollars) are only three quarters of the imports
(38,000 million dollars). The main partners of Rumania, as much in the exports as
in the imports are Italy and Germany.
. Attractive country in any sector because . Corruption of high level.
has an economy in the heat of development. . Young democracy
. Not to reach the EU requirements imposed . Rumania is the second market in the
. Prejudices. east of Europe.
. Greater development of the neighboring
Siemens have started their operations in
Romania 100 years ago being involved mainly
in the following business areas:
Information & Communication,
Automation and Control, Power,
Medical and Lighting.
They provide their customers with their
comprehensive experience and solutions so the
customers can achieve their objectives fast and
STARTING IN ROMANIA
THE DECISION TO BE IN ROMANIA:
As a GLOBAL NETWORK OF
INNOVATION, their goal is to
achieve a sustained increase in
As innovation cycles continue to
accelerate, they can only remain
successful if they accurately
identify promising future trends
well in advance and then shape
them by achieving technology
IN MILLION OF EUROS 2006
Income from continuing operations 3,087
Net income 3,033
Net cash form operating and investing activities 739
Shareholders’ equity 29,306
Employees (in thousand) 475
Sales Siemens in Spain > 2700
EXCELLENT DATA OF SIEMENS
• Registered capital
300,000,000 EURO (2006) 4,2%
Private-owned - 100%
Foreign capital - 100%
WOLFGANG HIRZI - CEO
ADRIAN BĂICUŞI - General Manager
GEORG WEIHER - CFO
Romania is a country with a great future for the investors since
their increasing economic development and its Latin culture offer