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Poland & Romania
Poland is an important and dynamic market located in the heart of Central Europe. American exporters and investors are drawn to Poland due to the country’s large population, well-educated and competitive workforce, strong prospects for economic growth, and location affording broader access to the European Union market of over 447 million citizens.
As a member of NATO, Poland continues to meet its commitment to spend at least two percent of GDP on defense and 20% of defense spending on equipment and infrastructure. Poland is a very active user of the U.S. Government’s Foreign Military Sales (FMS) program.
The 2021-2027 EU budget provides €75 billion for Poland (in current prices), thereby making Poland the biggest net EU fund beneficiary. Current plans are to use funds to support infrastructure development, including improving internet access and developing smart cities; innovation, encouraging companies to conduct R&D in Poland; the energy sector; entrepreneurship; environmental protection; and education.
The top opportunities for Virginia exporters in Poland include:
- Advanced Manufacturing
- Defense Industry
- Digital Technologies
- Energy Sector
- Environmental Technologies
- Infrastructure & Intelligent Transportation Systems
- Agricultural Sector
Romania is a market with vast potential and a strategic location. As an E.U. member state, Romania not only offers a sizable domestic market but also a comparatively low-cost foothold for accessing the entire E.U. market. The country’s location, bordering the Black Sea in Southeast Europe, provides a view beyond Europe and shortens the distance for export sales to Turkey, the Balkans, the Middle East, Ukraine, and Moldova.
In the past 20 years, Romania has grown into a major center for mobile technology, information security, and related hardware research. Romania is the leader in Europe, and sixth in the world, in terms of the number of certified IT specialists. Bucharest, the capital and Romania’s largest city, is one of the leading financial and industrial centers in Eastern Europe.
The top opportunities for Virginia exporters in Romania include:
- Defense Industry
- Energy, Oil & Gas, Renewable Energy
- Information and Communications Technology
Frequently Asked Questions
Based on past trade missions, we expect 6-10 Virginia companies to participate. The registration process is ongoing until the trade mission is full or the registration deadline has passed.
You must pay the trade mission participation fee of $2,500 to the VEDP at the time of registration. The participation fee includes the following:
- Identifying, contacting and pre-qualifying local distributors, reps and/or partners and organization of your meetings with interested prospects
- A “Doing Business In” briefing on the market(s)
- Your VEDP Trade Mission Leader and in-country consultant on hand during the week to ensure everything runs to plan
- Interpreter if needed
All travel expenses including airfare, hotels, meals, individual ground transportation to be paid directly by each participant. Additional estimated costs you will incur include (but are not limited to):
- Roundtrip airfare
- Hotels (7 nights)
- Airport transfers, taxis, and other miscellaneous items
The VEDP has engaged the services of its Global Network consultant to identify, screen, and arrange meetings with potential partners for each of our trade mission delegates. If you would like to learn more about the Global Network consultant organizing this trade mission, please contact your Local Trade or Program Manager.
In most cases, you will be traveling independently to the locations of the local companies with which you are meeting. Because most appointments will be held at the companies’ locations, travel and other logistics may prevent each delegate from having a minimum of 3-4 meetings each day of the trade mission.
For travel between meetings, our consultants will recommend the most effective method of transportation. This will likely be a local car/driver.
If required, interpreters will be provided for meetings and are included in your registration fee.
Airline tickets: You book (and pay for) your own airline ticket via local travel agent or online air travel website. If you do not have a travel agent, the Trade Mission Leader can recommend one for you.
Hotels: VEDP will choose the hotel(s) and make reservations at a pre-negotiated government rate for each delegate. However, delegates will be responsible for their own hotel charges throughout the mission. All delegates will stay at the same hotel in order to facilitate logistics as well as to encourage the interaction and networking that is always a collateral benefit of traveling with a group. You will pay all hotel room charges directly to the hotel.
Contact your local International Trade Manager or the Trade Mission Leader immediately! We only want you to make the trip if we think there is good market potential for your company. We can perform exploratory market research within a short period of time to verify market potential for you.