Romanian industrial manufacturing sector continues to grow in 2015 with main productive industries such as metal working, automotive, oil equipment, naval and shipbuilding, agricultural equipment and machinery etc. In the first 8 months of 2015, industrial production in Romania has grown with 3.2% compared to the same period of 2014, mainly thanks to the industrial manufacturing which registered a 3.5% growth compared to Jan - Aug 2014. In August 2015 vs. August 2014, industrial manufacturing in Romania advanced with 7%.
Industrial manufacturing in Romania represents one of the main sectors of opportunity in the region due to low cost labour market, availability of resources and facilities, as well as of proximity to end-user / buyer.
According to FRD Center analysis, in 2014, the imports of machine tools in Romania have recorded over 187 million EUR, some 3% more than in 2013.
The imports of machining centres, unit construction machines (single station) and multi-station transfer machines, for working metal registered over 33 million EUR, while imports of lathes (including turning centres) for removing metal: approximately 39 million EUR, up by some 21% compared to 2013.
In 2014, the imports of machine tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes was of over 21 million EUR, which according to FRD Center analysis, is up by around 22% compared to 2013.
In the same year, the imports of machine tools (including presses) for working metal by forging, hammering or die-stamping; machine tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching, presses for working metal or metal carbides recorded almost 62 million EUR, which according to FRD Center analysis, is up by approximately 49% compared to 2013.
Other values registered by imports of various types of machine tools in Romania in 2014 are:
- imports of machine tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines: almost 17 million EUR
- imports of machine tools for planing, shaping, slotting, broaching, gear cutting, gear grinding or gear finishing, sawing, cutting-off and other machine tools working by removing metal or cermets: over 15 million EUR
FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.