By Sandra Federspiel
Romania has a large population with over 22,000,000 people and is a growing economy, with growth expected to be 1.3% in 2013 despite the economic worries of many of its European neighbours.
Romanian exports in 2012 are stable, and the economy is clearly on the up.
What do you need to know about getting the most out of your business dealings in Romania? It’s important to take into account culture, as a sign of respect for your business contacts.
So, what is important in Romania when you attend meetings?
In general, the code of business conduct in Romania is similar to that in the rest of Europe and the USA. Patience and good relationships are essential for successful business ventures in Romania.
It’s important to start on a good note, and that means being punctual.
Good eye contact and a handshake at the beginning and end of a meeting is the accepted custom. Close friends embrace and kiss each other, but it’s a safe bet to stick to handshakes at first.
Titles in Romania are very important. You should always address people by their professional or academic title with their name, or "domnul" (Mr) or "doamna" (Mrs or Ms), along with their surname. It is unusual to use first names when conducting business in Romania, whereas using titles is seen as a sign of respect.
Romania is a growing economy with a lot of potential for the future, and the people are friendly and good to do business with. So if you plan to grow your business in Romania, you’re making a good choice.
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