European Times: What role does the Chamber of Commerce play in the business community of Arges County?
Vernel Craciunescu: The Chamber of Commerce and Industry of Arges County was founded 150 years ago and has always been instrumental in driving the county’s economic growth. The Chamber of Commerce serves as the voice of the local private sector in discussions with the government and facilitates interaction between local and foreign investors. The Chamber is also playing an important role in stepping up the absorption of EU funds in Arges County. The Chamber welcomes the chance to assist foreign investors.
European Times: What are some of the Chamber’s current projects and goals?
Vernel Craciunescu: The Chamber supports projects which will stimulate economic growth, especially improving local infrastructure and reaffirming the county’s industrial vocation as well as developing its tourism potential. The completion of the Pitesti-Sibiu motorway will greatly add to Arges County’s investment appeal. Thanks to its strategic location, long history of industrial activity and successful economic growth, Arges County is one of the most economically dynamic counties in Romania and achieves per capita GDP of around €7,500. The county has already attracted significant FDI. Investors are drawn to Arges County’s skilled and affordable workforce, the presence of universities which can train specialists, and the county’s convenient location, among other factors.
European Times: Can you single out some investment success stories?
Vernel Craciunescu: Dacia – one of Romania’s strongest companies — is the best-known local success, although many other enterprises have become economic powerhouses in their own fields, including Grupul Industrial Componente, Lisa Draexlmaier, COMESAD, Ronera Rubber, Radic Star, Roechling Automotive, Mechrom, Amplast, Steinel and Sealynx Automotive, to name a few.
European Times: What is your personal message to potential investors?
Vernel Craciunescu: The Chamber of Commerce and Industry of Arges County has served as a vector of the county’s economic expansion for 150 years. We invite investors to visit Arges County, where they will discover many reasons to establish productive partnerships with local companies and entrepreneurs. Arges has significant investment potential just waiting to be exploited.
