Romania, in southeast Europe, is dominated by the Carpathian mountains in the north and centre of the country while the main feature in the south is the vast Danube valley which becomes a delta as it approaches the Black Sea. The most important sectors of Romania’s economy in 2012 were industry (32.4 %), wholesale and retail trade, transport, accommodation and food services (13.4 %) and public administration, defence, education, human health and social work activities (12.0 %).
Romania’s main export partners are Germany, Italy and France while its main import partners are Germany, Italy and Hungary. It can be seen from the data below that Satsafe® represents a very significant Internet of Things (IoT) business opportunity in Romania focussed on security and safety applications.
Geographical size: 238 390.7 km2
Population: 20 095 996 (2012)
Population as % of total EU population: 4.0 % (2012)
GDP: € 131.579 billion (2012)
Official EU language(s): Romanian
Political system: semi-presidential republic
EU member country since: 1 January 2007
Seats in the European Parliament: 32
Currency: Romanian Leu RON
A world of opportunity:
We are currently seeking expressions of interest from International distributors for a range of Satsafe® branded safety and security applications including geobloc.
If you are interested in acquiring the Satsafe® Master License as a business opportunity in Romania, please contact us outlining your experience.