United Kingdom and Bucharest, Romania. July 6th 2010
Online, July 6, 2010 (Newswire.com) - United Kingdom and Bucharest, Romania. July 6th 2010
The Copernicus International consulting network has now been extended still further to their new representative office which can be found at Str. Gabroveni nr. 2, Floor 4, Bucharest, Romania following the completion of their cooperation agreement with FRD Center. The interests of Copernicus clients from the UK and around the globe will now be efficiently and cost effectively serviced by the experienced Romania team.
Local and International
• The Bucharest office will provide enhanced Copernicus market entry services such as opportunity assessment, feasibility studies, location analysis, partner identification, incubation centre, sales and marketing support to companies from all corners of the Globe who are looking to enter the intriguing Romanian market, and vice versa from Romania to global markets via the expanding Copernicus international offices.
Key Services
• market intelligence, competitor analysis, market research, sector studies and reports
• product introduction and market opportunity assessment
• M&A advisory and support services
• business matchmaking, target qualification
• B2B and direct sales consulting
Why now is the right time to do business in Romania
1. EU member since 2007, with access to Structural Funds and the Cohesion Funds till 2013
2. solid banking system with over 40 international banks operating successfully
3. well trained workforce with unemployment in 2010 under 9%
4. relatively low labour cost
5. good IT&C infrastructure
6. 2nd largest market in Central and Eastern Europe, ranking 7th in the EU , with over 21 million inhabitants
7. EU unique market gateway, with access to approximately 500 million consumers
8. attractive location: situated at the turning point between EU, the Balkans, Turkey and the CIS countries
9. a 24-month Stand-By Arrangement with IMF approved on May 4, 2009
Talking about this agreement, Jackie Bojor, the FRD Center Director who will oversee international cooperation projects , said that "It is an agreement where two firms that are well-known, respected and with complementary areas of practice will combine their experience and skill sets to generate business opportunities for our communal clients. This is an important step towards assisting overseas companies, especially SMEs in Doing Business in the region and also a channel for Romanian Companies as they expand into new overseas territories"
Colin Fell, Group Managing Director of Copernicus Consulting said that "We are very excited about this development. We have identified Romania as an outstanding opportunity for international companies in the years ahead. It is likely that we will see many more European, US and Asian companies looking to win early market share in Romania and to establish trade relations for long term gains."
It is becoming apparent to UK, European and US businesses that there are many profitable business or partnering opportunities with Romanian companies to be had. Companies are beginning to recognise the possibilities for business in Romania, but may be unable to take full advantage of them fully from their domestic markets as they need to set up a base or establish a trading partnership in order to fully exploit the opportunities. Copernicus provides such support along with its many market entry and development services.
Copernicus-Consulting
Copernicus is an international management consultancy for the SME sector with offices throughout the United Kingdom and a rapidly developing successful international network. Copernicus international match making services cover distributor identification, the establishment of joint ventures and acquisition identification, due diligence and implementation. Copernicus has extensive experience of working with various chambers of commerce and government trade development bodies to assist their members to fast-track their entry into new markets profitably. Further Copernicus offices will open in additional markets over the coming weeks.
For more information see
www.copernicus-consulting.com : www.exportoromania.com : www.frdcenter.ro
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Tags: Bucharest, Copernicus, international