VIDEO: "Romanian companies started to be more active in the Czech market"

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Trade between the two countries start to look more promising as the food and beverage industry is developing fast in both Romania and the Czech Republic, says Michal Holub, Director of Czech Trade Agency in Bucharest.

Posted on Nov 29 ,14:07

Food and Beverage sector is the main segment that encourages commercial trade relations between Romania and the Czech Republic, declared Michal Holub, Director of the Czech Trade Agency in Bucharest, in an interview for Euromeatnews.
"After 10 years of my experience in the Romanian market, I can say that the food industry is rising year by year and I can say that the decision of the Romanian government, in the last 4 years, to lower the VAT rate for food products accelerated the growth of the Romanian food market", observed Mr Holub.


Food supplements products, dairy products, and, of course, beer are the best selling F&B items that the Czech Republic is exporting in Romania. Nevertheless, Romanian companies have increased their presence in the Czech market aswell.
"During the last 10 years, Romania had a deficit in exports to the Czech Republic but the situation is different now. The Romanian companies also started to be more active in export. It is a very nice surprise for me, as a promoter of trade between our countries", added Michal Holub.

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