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| FOR BUSINESS NEWS & BACKGROUND: click here BUSINESS INVESTMENT The Romanian economy is in rapid flux. Though still on the low end of Europe’s economies, and one year away from EU admission in 2007, GDP growth is moving at 6% to 8% plus, several sectors (banking, consumer goods, cell telephony, real estate) are proving highly profitable. Major US players in Romania include Advent (venture capital), Bechtel (highway construction), Citibank (banking), General Electric (products), Gillette (products), Qualcomm (cell phone services), Raytheon (military and other electronics), Timken (industrial bearings), Trizec/Triganit (real estate). RESEARCH & DEVELOPMENT Though cheap labor remains a competitive advantage, a high-value added resource is the superior quality of intellectual capital. This is accessible through institutes, firms and individual contracts. Computer science, chemistry and biochemistry, mathematics, geology are traditionally strong fields. Software development is an area of rapid development. R&D Information and selected links click here |
The New England Advisory Group on Business in Romania Purpose: To share advice on US companies doing business in Romania Steven Eimert email, Lawyer. Sherin and Lodgen Dr. Myron Rosenberg email, Senior Vice President CDM (environmental consulting services) Tiberius Vadan email, Manager cv, Alvarez & Marsal (corporate strategy, mergers, and acquisitions) The New England Advisory Group on R&D Capabilities in Romania Purpose: To informally advise US companies on connections to Romanian research and development centers. Stefan Constantinescu. MD, PhD email and more Ludwig Institute of Cancer, Brussels (Belgium) (link) Interests: molecular cell biology, molecular medicine, virology, biotechnology Also Professor at Carol Davilla University of Medicine and Pharmacy, Bucharest Dr. Mircea Gheorghiu email, Director of Undergraduate Chemistry Labs - MIT Chemistry Dep (more), Cambridge (Massachusetts) Interests: chemistry and higher education opportunities Former Professor at Polytechnic University of Bucharest Dr. Val Livada email Weybridge Partners, Winchester (Massachusetts) Interests: start-ups, innovation, life sciences Dr. Mihaela Malita email,Faculty Computer Science Department, St Anselm College (more) Manchester (New Hampshire) Interests: parallel computing Dr. Ana Racoveanu email, Principal Scientist |
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