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3 March 2022

The Polish-Romanian Economic Round Table

On March 3rd of this year, the Polish-Romanian Economic Round Table took place. The meeting was organized in Warsaw on the occasion of bilateral intergovernmental consultations. Bilateral relations dominated the topics of discussion. During the meeting, Polish and Romanian institutions and companies had the chance to present themselves and what they could offer, as did the Polish Investment and Trade Agency.

The Polish-Romanian Economic Round Table

The event was attended by representatives of Polish and Romanian companies and institutions. Also present were representatives of government institutions - The Minister of Development and Technology of the Republic of Poland Piotr Nowak and The Minister of Entrepreneurship and Tourism of Romania Constantin-Daniel Cadariu with accompanying members of their delegations. On behalf of the Polish Investment and Trade Agency, Grzegorz S³omkowski, Member of PAIH’s Management Board, participated in the meeting.

As the Polish Investment and Trade Agency, we see great potential for the development of our mutual economic relations. We consider Romania to be a politically and economically stable market with constant economic growth and with an openness to international investment. Romania is an attractive country for Polish investors. The value of Polish foreign direct investments in Romania at the end of 2020, according to NBP data, reached the value of approx. EUR 835.6 million. Data for 2021 indicate that the trade turnover between Poland and Romania increased by almost 20% compared to 2020 and amounted to EUR 8664.1 million. Polish exports to Romania increased by 17.5% to EUR 5921.4 million. On the other hand, imports of Romanian goods to Poland in 2021 increased by 25% and amounted to EUR 2742.7 million - emphasized the importance of Polish-Romanian relations Grzegorz S³omkowski.

During the meeting, PAIH's offer of services and information on the investment climate in Poland was also presented. In the discussions, it could be clearly heard that the trend of growing interest in Poland should continue in the coming years. The emergence of many new investors, especially in advanced technologies, confirms this. However, it is necessary to constantly monitor trends, tendencies and directions of business development, so that Poland continues to be an attractive location for foreign investors.

I see our meeting as an opportunity for representatives of Polish and Romanian business to establish and maintain valuable business relations. I am convinced that today's event will be a positive impulse to strengthen our cooperation and intensify our efforts towards partnerships between our countries. In this way - Grzegorz S³omkowski concluded his speech.

Polish Investment and Trade Agency

Krucza St. 50

00-025 Warsaw

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