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State Secretary Paula Pîrvănescu’s working visit to the Federal Republic of Germany

PRESS INFORMATION

         

On October 10-11, 2018, Mrs. Paula Pîrvănescu, State Secretary within the Ministry for Business Environment, Commerce and Entrepreneurship, paid a working visit to the Federal Republic of Germany. State Secretary Paula Pîrvănescu participated in two important events dedicated to our country: “The Romanian Economy Day in Bavaria” and “The Romanian Business Excellence Gala”, both organized by the Romanian Consulate General in Munich.

On Wednesday, October 10, in the first edition of the “Romanian Economy Day in Bavaria” event, organized under the patronage of the Romanian Minister for Business Environment, Commerce and Entrepreneurship, Mr. Ştefan-Radu Oprea, the “Romanian Business Excellence Gala” took place, event opened by Mrs. Paula Pîrvănescu, State Secretary within the Ministry for Business Environment, Commerce and Entrepreneurship.

Mrs. Paula Pîrvănescu sent the Romanian minister’s message on the importance of strengthening the Romanian-Bavarian bilateral relations: “Romania is a business destination offering high profit margins, having a well-qualified workforce at competitive prices, with great capacity to exceed cultural and linguistic thresholds, low toll rates, reduced utility costs, a network of 14 technical universities, tax incentives for research and development, an industrial parks network – both public and private, with access to utilities and facilities packages, depending on the specifics of the activity and a legal framework for vocational and dual education – in this case the German model was taken over”, State Secretary Paula Pîrvănescu declared.

At the same time, the Secretary of State stressed the importance of trade relations between the two countries, Germany being the first trading partner of Romania, with a share of over 23% in Romanian exports. The exchange rate of EUR 30 billion is steadily increasing and the 22,500 companies with German capital established on the Romanian market (most of them Bavarian) are relevant in terms of both the attractiveness of the domestic investment climate and the German business environment interest in Romania.

Also, during her visit to Munich, State Secretary Paula Pîrvănescu met Franz Josef Pschierer, the Bavarian Minister for Economy, Energy and Technology.

Both dignitaries expressed their satisfaction for organizing the 9th Session of the Romania – Bavaria Joint Governmental Commission (the last session was held in Bucharest on November 22, 2017). According to the alternation principle, the 10th session would be held in Munich in 2019. The effectiveness of this mechanism contributes to strengthening the institutional dialogue and identifying many cooperation projects useful to both parties.

State Secretary Paula Pîrvănescu reaffirmed our country’s desire – within the relationship with Bavaria – to further increase Bavarian investment in Romania, in particular the participation of Bavarian companies in the 31 major public-private partnership projects”. At the same time, with regard to the dual education system, the German model shows results that need to be extended throughout Romania and we want the German expertise to train the officials of the newly established National Authority for Initial Vocational Training in a Dual System in Romania”, the Secretary of State Pîrvănescu mentioned.

Both parties also expressed their conviction that bilateral cooperation in the areas of: industrial production, electro-mobility, hydrogen fuel cell production (especially for urban transport), biotechnology / bio-economy, biogas and renewable energies, environmental protection / circular economy and the development of digitization, research and development, and innovation projects.

The discussions with the German dignitary and the two events related discussions, Mrs. Paula Pîrvănescu presented the measures of the Romanian Government for the development of a favorable economic environment and the development of international cooperation, programs for supporting entrepreneurship, attracting investments, increasing exports, internationalization of companies, and increasing competitiveness of the Romanian economy in general.

At the same time, all events in Munich promoted the motto of the Council of Europe’s Romanian Presidency, namely: “Cohesion, a common European value”, mentioning that our country’s efforts will focus in particular on legislative and non-legislative dossiers, economic, social and territorial convergence, reducing structural disparities between different regions and promoting equal opportunities for all citizens.

 

Ministry for Business Environment, Commerce and Entrepreneurship

Press Office

 

 

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