Zenit Spedition
Destination Romania

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Romania - brief overview about the Zenit destination Romania.

Geopraphy

With a surface area of 238,391 square kilometres (92,043 sq mi), Romania is the largest country in southeastern Europe and the twelfth-largest in Europe. A large part of Romania's border with Serbia and Bulgaria is formed by the Danube. The Danube is joined by the Prut River, which forms the border with the Republic of Moldova. The Danube flows into the Black Sea within Romania's territory forming the Danube Delta, the second largest and the best preserved delta in Europe, and a biosphere reserve and a biodiversity World Heritage Site. Other important rivers are the Siret, running north-south through Moldavia, the Olt, running from the oriental Carpathian Mountains to Oltenia, and the Mure?, running through Transylvania from East to West.
Romania's terrain is distributed roughly equally between mountainous, hilly and lowland territories. The Carpathian Mountains dominate the center of Romania, with fourteen of its mountain ranges reaching above the altitude of 2,000 meters. The highest mountain in Romania is Moldoveanu Peak (2,544 m/8,350 ft). In south-central Romania, the Carpathians sweeten into hills, towards the B?r?gan Plains. Romania's geographical diversity has led to an accompanying diversity of flora and fauna.

Demographics

According to the 2002 census, Romania has a population of 21,698,181 and, similarly to other countries in the region, is expected to gently decline in the coming years as a result of sub-replacement fertility rates. Romanians make up 89.5% of the population. The largest ethnic minorities are Hungarians, who make up 6.6% of the population and Roma, or Gypsies, who make up 2.46% of the population. By the official census 535,250 Roma live in Romania. Hungarians, who are a sizeable minority in Transylvania, constitute a majority in the counties of Harghita and Covasna. Ukrainians, Germans, Lipovans, Turks, Tatars, Serbs, Slovaks, Bulgarians, Croats, Greeks, Russians, Jews, Czechs, Poles, Italians, Armenians, as well as other ethnic groups, account for the remaining 1.4% of the population. Of the 745,421 Germans in Romania in 1930, only about 60,000 remained. In 1924, there were 796,056 Jews in the Kingdom of Romania. The number of Romanians and individuals with ancestors born in Romania living abroad is estimated at around 12 million.

Economy

With a GDP of around $264 billion and a GDP per capita (PPP) of $12,285 estimated for 2008, Romania is an upper-middle income country economy and has been part of the European Union since January 1, 2007.
After the Communist regime was overthrown in late 1989, the country experienced a decade of economic instability and decline, led in part by an obsolete industrial base and a lack of structural reform. From 2000 onwards, however, the Romanian economy was transformed into one of relative macroeconomic stability, characterised by high growth, low unemployment and declining inflation. In 2006, according to the Romanian Statistics Office, GDP growth in real terms was recorded at 7.7%, one of the highest rates in Europe. Growth dampened to 6.1% in 2007, but was expected to exceed 8% in 2008 because of a high production forecast in agriculture (30–50% higher than in 2007). The GDP grew by 8.9% in the first nine months of 2008, but growth fell to 2.9% in the fourth quarter and stood at 7.1% for the whole 2008 because of the financial crisis.
According to Eurostat data, the Romanian PPS GDP per capita stood at 46% of the EU average in 2008. Unemployment in Romania was at 3.9% in September 2007, which is very low compared to other middle-sized or large European countries such as Poland, France, Germany and Spain. Foreign debt is also comparatively low, at 20.3% of GDP. Exports have increased substantially in the past few years, with a 25% year-on-year rise in exports in the first quarter of 2006. Romania's main exports are clothing and textiles, industrial machinery, electrical and electronic equipment, metallurgic products, raw materials, cars, military equipment, software, pharmaceuticals, fine chemicals, and agricultural products (fruits, vegetables, and flowers). Trade is mostly centred on the member states of the European Union, with Germany and Italy being the country's single largest trading partners. The country, however, maintains a large trade deficit, which increased sharply during 2007 by 50%, to €15 billon.
After a series of privatisations and reforms in the late 1990s and early 2000s, government intervention in the Romanian economy is somewhat lower than in other European economies. In 2005, the government replaced Romania's progressive tax system with a flat tax of 16% for both personal income and corporate profit, resulting in the country having the lowest fiscal burden in the European Union, a factor which has contributed to the growth of the private sector. The economy is predominantly based on services, which account for 55% of GDP, even though industry and agriculture also have significant contributions, making up 35% and 10% of GDP, respectively. Additionally, 32% of the Romanian population is employed in agriculture and primary production, one of the highest rates in Europe.
Since 2000, Romania has attracted increasing amounts of foreign investment, becoming the single largest investment destination in Southeastern and Central Europe. Foreign direct investment was valued at €8.3 billion in 2006. According to a 2006 World Bank report, Romania currently ranks 49th out of 175 economies in the ease of doing business, scoring higher than other countries in the region such as Hungary and the Czech Republic.[160] Additionally, the same study judged it to be the world's second-fastest economic reformer (after Georgia) in 2006. The average gross wage per month in Romania was 1855 lei in May 2009, equating to €442.48 (US$627.70) based on international exchange rates, and $1110.31 based on purchasing power parity. In 2009 Romania has suffered more than most of its neighbors in the global economic downturn. Gross domestic product contracted 7.1% in the third quarter of 2009 from the same period a year earlier, and the IMF estimates that the budget deficit will be as high as 7.8% of GDP.

Climate

Owing to its distance from the open sea and position on the southeastern portion of the European continent, Romania has a climate that is transitional between temperate and continental with four distinct seasons. The average annual temperature is 11 °C (52 °F) in the south and 8 °C (46 °F) in the north.[100] The extreme recorded temperatures are 44.5 °C (112.1 °F) in Ion Sion 1951 and −38.5 °C (−37 °F) in Bod 1942.
Spring is pleasant with cool mornings and nights and warm days. Summers are generally very warm to hot, with summer (June to August) average maximum temperatures in Bucharest being around 28 °C (82 °F), with temperatures over 35 °C (95 °F) fairly common in the lower-lying areas of the country. Minima in Bucharest and other lower-lying areas are around 16 °C (61 °F), but at higher altitudes both maxima and minima decline considerably. Autumn is dry and cool, with fields and trees producing colorful foliage. Winters can be cold, with average maxima even in lower-lying areas being no more than 2 °C (36 °F) and below −15 °C (5.0 °F) in the highest mountains, where some areas of permafrost occur on the highest peaks.
Precipitation is average with over 750 mm (30 in) per year only on the highest western mountains — much of it falling as snow which allows for an extensive skiing industry. In the south-centern parts of the country (around Bucharest) the level of precipitation drops to around 600 mm (24 in), while in the Danube Delta, rainfall levels are very low, and average only around 370 mm.

Infrastructure

Due to its location, Romania is a major crossroad for International economic exchange in Europe. However, because of insufficient investment, maintenance and repair, the transport infrastructure does not meet the current needs of a market economy and lags behind Western Europe. Nevertheless, these conditions are rapidly improving and catching up with the standards of Trans-European transport networks. Several projects have been started with funding from grants from ISPA and several loans from International Financial Institutions (World Bank, IMF, etc.) guaranteed by the state, to upgrade the main road corridors. Also, the Government is actively pursuing new external financing or public-private partnerships to further upgrade the main roads, and especially the country's motorway network.
The World Bank estimates that the railway network in Romania comprised 22,298 kilometres (13,855 mi) of track in 2004, which would make it the fourth largest railroad network in Europe.[165] The railway transport experienced a dramatic fall in freight and passenger volumes from the peak volumes recorded in 1989 mainly due to the decline in GDP and competition from road transport. In 2004, the railways carried 8.64 billion passenger-km in 99 million passenger journeys, and 73 million metric tonnes, or 17 billion ton-km of freight. The combined total transportation by rail constituted around 45% of all passenger and freight movement in the country.
Bucharest is the only city in Romania which has an underground railway system. The Bucharest Metro was only opened in 1979 and is now one of the most accessed systems of the Bucharest public transport network with an average ridership of 600,000 passengers during the workweek.

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More Information: http://en.wikipedia.org/wiki/Romania
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