WHY TO INVEST IN

CONSTANTA COUNTY

Constanta, 11th of October, 2018

CONSTANTA

Location: - South East of Romania

Area: - 7,104 sq km.(3% of the total surface of the country)

Constanţa County has 3 municipalities, 9 towns and

58 communes.

Population: 769,183 inhabitants

Density: 108 inhabitants/sq. km Degree of urbanization: 69,5%

3 municipalities (Constanta, Medgidia, Mangalia)

9 towns (Băneasa, Cernavodă, Eforie, Hârşova,

Murfatlar, Năvodari, Negru Vodă, Ovidiu,

Techirghiol)

58 communes.

Economic and financial data and indicators

Active companies: 47,472 (at 16th of July 2018)

Total turnover (2016): 10.2 billion EUR current prices, representing 3.8% of the national

turnover, being the fifth Romanian county

Gross investments of the companies (2016): 682,4 mil Euro current prices

Net investments of the companies (2016): 399,56 mil Euro current prices

Persons involved in the economic activity: 296,600 employees (at 1st of January 2017)

Average number of employees: 186.3 thousands persons (at 31st of May 2018)

• County’s GDP (2015): 7050 mil Euro current prices

• Gross added value (2015): 6203,24 mil Euro current prices

• GDP per capita (2015): 10,331 Euro current prices

• Total volume of exports in 2017: 1,996,653 thousands Euro

• Total volume of imports in 2017: 2,687,663 thousands Euro.

ECONOMIC HISTORY

Main economic fields:

- port services and shipping industry

- oil processing industry

- nuclear and wind energy production

- tourism

- agriculture

- trade

WORKFORCE

Employees engaged in economic activities: 296,600 employees (at 1st of

January 2017)

Unemployment rate: 2 % (May 2018)

The largest companies, by the turnover:

- Rompetrol Rafinare SA–oil processing in Petromidia Refinery from Navodari

- Ameropa Grains SA (Swiss capital) – wholesale with grains, fodder, seeds

- Daewoo-Mangalia Heavy Industries SA – building of ships and floatingstructures

Energetic field:

- In Constanta county there is the only nuclear power station in Romania

(Cernavoda). There are expected foreign investors for construction of 3 and 4

units.

- On the Dobrugean territory (Constanta and Tulcea counties), there is the

largest park with wind turbines in Central and Eastern Europe

Constanta Port

- located on the route of three Pan - European Transport Corridors: Corridor IV,

Corridor IX and Corridor VII (Danube) – connecting the North Sea with the Black

Sea, by Rhine-Main-Danube Corridor

- is the largest and deepest harbour at the Black Sea and the fourth largest

European port

- total area (land and water) of 3,926 ha (1,313 ha land and 2,613 ha water).

- one of the main hubs for the region of Central and Eastern Europe

- operation capacity: 120 mil tons/year

- 156 berths, out of which 140 operative berths

- 29.83 km total piers length

- 7 – 19 m max.

The Danube – Black Sea CanalInaugurated in May, 1984, has the following technical particulars:

• 65 km length, 90 m width,

• 7 m depth,

• 5.5 m current draught,

• 16.5 m bridge clearance,

• 10-12 km/h sailing speed

The canal is accessible to the river-maritime ships up to 5,000 dwt, with a total length of 138 m,

16.8 m breadth and 5.5 m draught.

Across the canal can sail convoys up to 6 barges, with a total length of 296 m, breadth of 22.88

m and 3.8 m draught (3000 tons each).

Alongside the canal there are 2 commercial ports: Basarabi and Medgidia, where various

operations can be performed, such as: loading-discharging, cargo storing and passenger

transit.

Agriculture

- main contribution to the county’s GDP.

- county’s agricultural area: 558,204 hectares

- most of the area is of the best quality

- total cultivated area: 483,980 hectares

- irrigated land: 6.500 hectares.

- The main crops of Constanta county are: cereals for grains (output of wheat and rye,

barley, two-row barley and maize), leguminous for beans (beans and pea), oily plants

(sun-flower-ranking the 1st in Romania, soy, flax), potatoes, vegetables, grapes and

fruits.

- Vine-growing stands high in Constanta's county economy, the most significant and

well-known vineyards prove to be: Murfatlar, Medgidia, Ostrov, Cernavoda and

Viisoara-Cobadin.

Tourism

Constanta County represents one of the most important

tourism areas of Romania, mainly due to Black Sea Coast

(82 km out of the total of 245 km, as represents the

Romanian Black Sea Coast).

This outstanding component of Constanta county concentrates about 26% of Romania’s

tourists’ accommodation capacity, by its 19 sea side places (out of which 13 resorts), with a

great infrastructure.

Accommodation units (at 31st of July 2018): 838 units

84,157 beds

This important infrastructure, alongside with some

natural factors, especially the beaches quality, the rural

tourism potential, ranks among the outstanding factors

for high-class tourism in this area.

The main resorts: Mamaia, Eforie Nord, Eforie Sud,

Costinesti, Techirghiol, Neptun-Olimp, Venus, Saturn, Mangalia

84157

COMPANIES WITH

SUBSCRIBED FOREIGN SHARE CAPITAL

TOTAL Constanta*: 2691

* Based on the number of companies registered until July 16, 2018, source: the National Trade

Register Office

MAJOR FOREIGN INVESTORS IN CONSTANTA COUNTY as to

subscribed foreign share capital

Rompetrol Rafinare SA (oil processing)

Midia Marine Terminal SRL (handling),

Westhouse Group SRL (real estate development),

Santierul Naval Constanta SA (building of ships and floating structures),

Corni Eolian SA (production of electricity)

E – Distributie Dobrogea SA (electricity distribution)

Crucea Wind Farm SA (production of electricity)

Land Power SA (production of electricity)

North Star Shipping SRL (other support transportation activities)

United Shipping Agency SRL (handling)

Turkey investments in Constanta:

In Constanta county, on 16th of July, 2018 there were 514 active Turkey share capital

companies, the total subscribed capital amounted to 82,055,953 lei (17,838,251 Euro).

The main fields of the Turkey share capital companies are:

Growing of cereals (except rice), leguminous crops and oil seeds

Manufacture of plastic products

Non-specialized wholesale trade

Renting and operating of own or leased real estate

Service activities incidental to water transportation and other transportation support

activities

Construction of residential and non-residential buildings

Business opportunities and development projects in otherindustries

Mangalia Industrial Park

is situated in the Mangalia Shipyard area

has an area of 13 ha,

direct access to the National Road Mangalia – Negru Voda which crosses, in Mangalia, theEuropean road E87 (DN 39).

It has railway access and access possibilities to Constanta and Mangalia harbors.

In the Park there are a number of 28 buildings, covering a built area of about 12000 sqm,with about 2600 sqm available, divided as follows: about 1000 sqm metallic huts, the floor ofan immured bay of about 1200 sqm, an immured warehouse building of about 360 sqm. 1station and 3 fuel tanks of 20 c.m. each are also available.

The companies who operate within the Mangalia Industrial Park can benefit of thefollowing advantages:

easy road, naval and railway access

custody and protection of building and assets

favorable rent prices for land and buildings for the beginning years of functioning

the existence of buildings and warehouses which can be renovated with minimalfinancial costs

internal asphalted and concreted access routes to all the buildings

infrastructure and utilities up to the working area

waste land where constructions can be made according to the inquirer’s project

qualified work force in Mangalia and in related localities

vicinity with 2 important shipyards creates special opportunities for horizontalsubcontracting for naval production of pieces and under assembly.

The industrial park infrastructure includes: ready access to all areas, electronicweighbridge, power, water, telephone and main gas connections, secure perimeterwith a complete CCTV security system.

Business opportunities in Ovidiu City

Ovidiu City offers for sale/rent a compact land, which is part of the

private domain of Ovidiu City and is located near the county road

DJ236 (Constanta-Ovidiu-Galesu-Poarta Alba).

Area: 50 hectares;

Possibility of acces to Poarta Alba-Midia-Navodari Canal, the link of

Danube – Black Sea Canal, to A2 Highway Bucharest-Constanta;

Utilities: water, electricity and sewage system are foreseen for the

2017 budget execution;

Oferred for industrial park destination;

No Urbanism Regulation (the Zonal Urban Planning is envisaged to

be framed).

SC Megalonyx SRL

Sells logistic industrial park with nan area of 200.000 sqm in Mihail Kogalniceanu fromConstanta county. The project has Zonal Urban Plan approved

Located at the juncture of DN2A with DE 626 , being bordered by DE610

At 3 Km far from Aeoroportul Kogalniceanu

At 22 Km far from the Port of Constanta

At 19 Km far from the Midia Port

At 23 Km far from A2 highway

Being located close to the ports of Constanta and Midia, it offers free access to the maindistribution centers located in the Central and Eastern Europe, through the Black Sea.

Business opportunities and development programs of the urbaninfrastructure

The concept of economic development pinpoints the strategic direction of the regionaldevelopment program.

rehabilitation, modernizing and development of the transport infrastructure to improvethe passengers' safety and comfort.

continuation of the objective “achieving distribution of the natural gases in Constantacounty;

modernizing the drinking water and sewerage networks, as well as their extensionespecially to the rural places lacking these facilities;

modernizing and developing the urban passenger transport network, vehicle parkrenewal;

modernizing the telecommunication system;

establishing new health-care centers in Constanta county;

modernizing the sport-recreation network in Constanta county;

beach consolidation and arrangement, protection against beach erosion;

performing a program for environment protection.

Land Agigea Lazu

agricultural land – 96.36 hectars

within incorporated area

The property consists of 18 lots of agricultural land, located in the southern

area of Constanta, neighbouring to Lazu village, in the section bounded by

the European road E87 and Constanta Harbor.

The lots offers opening to E87, the Black Sea coast road connecting

Constanta, Mangalia, the Bulgarian coast.

The lands are located in the village of Agigea, they have a flat, agricultural

destination and are free of forest vegetation, contaminants and dangerous

materials. Access is made from the E87 via a narrow asphalt road.

All the utilities are available in the Lazu village.

ADVANTAGES FOR POTENTIAL INVESTORS

Constanta is part of Paneuropean corridor no.4: Berlin – Nurnberg – Praga –Budapesta –

Constanta – Salonic – Istanbul.

Infrastructure:

road transportation: 2 highways - A2 (Bucharest– Constanta) and A4 (ring road Constanta

Municipality– port) and European roads: E87 (linking Constanta with Vama Veche, way to

Bulgaria)

railway transportation: main road 800 Bucharest – Constanta – Mangalia

harbour - 4 harbours: Constanta Harbour and satellite harbours: Midia si Mangalia

3 border passing points, between Bulgaria and Romania: Vama Veche, Negru Voda and

Ostrov.

airline- two airports: Mihail Kogalniceanu International airport, located at abt. 25 km far from

Constanta and Tuzla utilitarian and leisure airport (the first Romanian private leisure airport).

Modern telecommunications network complying with the European standards

The Port of Constanta is the main Romanian port and the largest port in the Black

Sea, ranking fourth in Europe

The main advantage of the Danube – Black Sea canal is the direct access of

vessels from Danube to Constanta port.

Constanta County represents one of the most important tourism areas of Romania

Highly qualified and relatively cheap workforce

Well developed industrial parks, which guarantee utilities of the highest standards

Developed financial and banking market;

Most of the companies meet EU environmental standards

Highly developed business environment, with an ever-dynamic potential

EXPORT PRODUCTS

Chemical and petrochemical products

Ships and floating structures

Vegetal products: cereals

Metal and plastic products

Live animals and food products

Wine

THANK YOU !

MANAGıNG DıRECTOR–ACTING PRESIDENT

DR.EC. ION DANUT JUGANARU

E-MAıL : id . juganaru@ccina . ro