More than 775 Ukrainian companies have entered the Romanian market since the Russian invasion on 24 February 2022. The President of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban told Interfax-Ukraine, Kommersant Ukrainian reports
“From the very beginning of the aggression, CCIR supported the relocation of Ukrainian companies. Depending on the sectors of activity, we believe that the relocation will be a timely decision for Ukrainian business, as there are sectors in the Romanian economy that can accommodate new companies,”
– said the head of CCIR.
Among the more than 300 Ukrainian companies that started operations in Romania during 2023, more than half are from the information technology sector (121 companies), followed by services (47), and construction of residential and non-residential buildings (33).
Daraban added that among the firms actively operating in Romania are those engaged in trade, motor transport, business consulting and management.
According to general data from the State Customs Service of Ukraine, the volume of trade between the two countries has more than doubled compared to 2022. Imports from Romania to Ukraine increased to $1.6 billion, while exports from Ukraine to Romania amounted to $3.8 billion.
According to Daraban, Romanian companies are interested in developing such industries as green energy, information technology, defence and transport, construction materials, value-added technologies, and aeronautics in Ukraine.