WHO WE ARE. WHAT WE DO. Business association of first choice for advocacy and business growth in Romania! 1 Business Association Of First Choice For Advocacy And Business Growth In Romania! WHO WE ARE A vibrant business community of +520 members – U.S. based, International and Romanian companies with total investments above USD 20 billion and over 250,000 jobs created. WHAT WE DO • Facilitate an open dialogue with the authorities to promote transparent solutions and priorities that make Romania a better home for business and increase the country’s overall economic competitiveness. • Contribute to increased trade and investment ties between Romania and the U.S. WHAT WE OFFER • A strong advocacy platform aimed at fostering prosperity for businesses and Romanians. • Membership benefits that enable business growth, networking, learning, visibility. PROSPERITY STRATEGIC ADVOCACY PRIORITIES Entrepreneurship Good Governance Invest in Romania Digital Transformation Future of Work Fiscal Policy OUR NETWORK 2 Strategic Priorities 2023 PROSPERITY Recovery – Competitiveness - Growth ENTREPRENEURSHIP • Access to business education, finance and markets INVEST IN ROMANIA GOOD GOVERNANCE • Increase healthcare financing • OECD standards and membership • Efficiency via healthcare digitalization • ESG implementation • Access to innovative products & services • Raise awareness on prevention & quality of life DIGITAL TRANSFORMATION Digitization of Public Services | Nation-Wide Cloud | Cybersecurity | Increased Broadband Coverage | Digital Skills | Electronic Identification • Create eco-system for start-ups • Entrepreneurship accelerated by innovation and new technologies • Capitalize on the current nearshoring trend and support new production sites in Romania, especially high-end • Promote champion sectors to foster economic development and tap EU opportunities • Corporate governance of public and private companies • Legislative simplification FUTURE OF WORK Future of Jobs | Future of Talent | Flexibile Labor Legislation | Real and Coherent Reform of the Education System • Support SMEs to use new technologies • Capital market upgrade • Financial education • Real regulatory impact assessments FISCAL POLICY Long Term Fiscal Vision | Modern Fiscal Legislation | Sustainable Macroeconomic Policies | Multi-annual Budgeting • Cutting red tape • 2021 – 2027 EU funds development of physical infrastructure: transportation, energy, healthcare, education etc. • Transparency, efficiency and predictability of public institutions, processes, and services 3 AmCham Romania Committees & Task Forces - Leading Priorities COMPETITION & STATE-AID CAPITAL MARKETS & FINANCIAL SERVICES • Promote and assist the recognition of the Romanian Capital Market as an emerging market. • Monitor the current financing environment available to Romanian start-ups with a goal of promoting start-up development. • Monitor and assist the development of alternative financing methods such as crowdfunding and investment in crypto assets. • Continue the Financial Inclusion Initiative to deliver a larger societal impact and an impact on the overall development of Romania. • Contribute to an improved legislation for the financial sector in Romania. • Provide feedback on the national competition legislation, implementation of European Regulations and on the transposition of the EU Directives. • Promote issuance of new guidelines on merger related gunjumping practices and on self-clearing measures in public procurement cases. • Promote the implementation of the office of Hearing Officer at the level of the Romanian Competition Council drawing upon the similar institution set up at the level of the European Commission. • Raise awareness on competition aspects via public events • Promote new state-aid schemes for 2021-2027 and update of existing schemes according to the evolution of economic realities. • Provide valuable resources to the Romanian Government regarding OECD and European Union best practices in the area of state aid and competition. CORPORATE GOVERNANCE • Promote an ethical behavior across sectors and a business-led compliance culture in Romania. • Create and share corporate governance resources for the business audience in Romania. • Engage with key public and private stakeholders (incl. top management, entrepreneurs, public authorities, and HE institutions in Romania) to promote solid corporate governance practices. • Advocate for a transparent and predictable regulatory framework that supports the development of a sustainable corporate governance culture in Romania and encourages the observance of OECD standards. DATA PROTECTION & ePRIVACY TF • Monitor and provide feedback on the national application and interpretation of the European General Data Protection Regulation (GDPR). • Monitor and provide feedback on the national application and interpretation of the European ePrivacy Regulation (ePR). • Maintain a constructive dialogue with the National Data Protection Authority (ANSPDCP) and provide the Authority with best practices established at EU and EU Member States level. • Provide Task Force members with a framework for analysis and development of best practices in the field of Data Protection and ePrivacy. 4 AmCham Romania Committees & Task Forces - Leading Priorities DIGITAL ECONOMY COMMITTEE • Promote digital transformation as an anchor for increasing Romania’s competitiveness through innovation and supporting economic growth. Leading priorities include: • Supporting a hybrid cloud model for the development of nation-wide cloud infrastructure facilitating data exchanges and interoperability and access to innovative solutions. • Advocating for the digitalization of public services and simplified interaction between the administration and taxpayers (ex. through the electronic identification and the eID card project); EDUCATION • Promote the blended learning model in Romania. • Promote the deployment of technology and open governance practices and tools to better monitor and evaluate the quality of education in Romania. • Engage with social actors in Romania to identify ways in which the private sector can contribute to the education, upskilling and reskilling of the human capital. • Advocate for a modern education (incl. infrastructure, curricula, resources, teaching methods) and life-long learning systems in Romania to future-proof the Romanian society. • Increasing digital skills in the public administration and in the society at large. • Ensuring resilience and security of data & services through advanced cybersecurity mechanisms. • Promoting the uptake of emerging solutions - automation & AI to increase the productivity and foster innovation. ENERGY • Promote a stable, coherent, and predictable legal and regulatory framework and measures to stimulate investments in the energy sector, through development of new power generation capacities and modernization of existing infrastructures. • Turn the energy sector into a platform for the relaunch and sustainable growth of the Romanian economy through its transformation from coal-intensive to green energy, aligning with developments at the EU level. • Support authorities in making optimal use of the EU funding opportunities for the energy sector (the National Recovery and Resilience Plan, Modernization Fund, Just ENVIRONMENT • Support the efforts towards the green and sustainable transformation of the Romanian economy and society. • Promote a coherent and predictable legal and regulatory framework governing environmental protection and circular economy (ex. waste management, permits, climate change etc.) and addressing key concerns of economic operators. • Support the alignment and proper transposition of EU legislation in Romania - Green Deal package, Fit for 55, New Circular Economy Action Plan & other emerging pieces of legislation with environmental impact. Transition Fund etc.) & advocate for the conduct of open, transparent, and competitive procedures for selection of investments. 5 AmCham Romania Committees & Task Forces - Leading Priorities HEALTH LABOR • Advocate for an increased healthcare financing – multi annual • Promote flexibility/adaptation of the labor market and support budget, increase % of GDP to meet EU average, alternative funding sources (private – voluntary health insurance and medical subscriptions, EU funding, clinical trials), widening the contribution base and transparency of budgets and expenditures. • Build efficiency via healthcare digitization – increase data transparency, use of digital solutions and services, securing interoperability of platforms, governed by national eHealth measures in the current geopolitical context and beyond • Monitor the application of labor-related policies by the Romanian Government and provide feedback. • Safeguard flexible work relations via Labor Code and Social Dialog Law. • Promote consistent practice across Labor Territorial Inspectorates. strategy and related Action Plan. • Advocate for increased access to innovative products & services – optimization of healthcare infrastructure, sustainable and predictable access to medication and medical devices, a National Cancer Control Plan and nurturing value-based healthcare principles. • Raise awareness on prevention & quality of life –disease prevention and protection, healthcare education and pro- vaccination, sustainable immunization policies and dedicated programs to meet public health needs. REAL ESTATE • Work alongside the Ministry of Development and Public Administration to develop a comprehensive and modern Urban Code. STRATEGIC MACROECONOMICS TASK FORCE • Promote policy priorities for sustainable economic growth, development, and competitiveness, based on key macroeconomic trends. • Advocate for a better dialog among developers and local authorities and urge for further digitalization of the interaction with central and local authorities. • Propose amendments on relevant legislation – Construction Law, Access Roads, Law 129/2019 for Preventing Money Laundering and Financing Terrorism. 6 AmCham Romania Committees & Task Forces - Leading Priorities TRADE LEGISLATION STRUCTURAL FUNDS, PUBLIC PROCUREMENT & PPP • Advocate, in coordination with sectoral committees, for the proper implementation of reforms & investments included in the National Recovery and Resilience Plan (NRRP), through participation in the Committee for Monitorization of the NRRP and stakeholders’ engagement. • Promote the optimal use of available EU funds under the 2021-2027 MFF to improve Romania’s absorption performance through a joint effort between the public sector and the business environment. • Advocate for a coherent and predictable legal framework increasing the efficiency and integrity of public procurement procedures. • Promote the use of the public-private partnership (PPP) financing model for major investments projects. • Advocate and contribute for an updated and improved trade related legislation. • Promote proper transposition of Directives in the consumer protection area (Unfair Trading Practices, Double Standards, New Deal for Consumers, Collective Redress, market surveillance and product conformity etc.). • React to trade related legislative initiatives in the Parliament • Liaise with the authorities to understand priorities in the consumer protection area. • Liaise with the authorities to understand priorities in the B2B protection area. • Monitor and provide feedback on the development of online trading markets in accordance with the European directives and policies. TAXATION • Promote measures to increase tax collection rate and REAL digitalization of ANAF, at central and local levels. • Promote streamlining of APA/SFIA/MAP procedures. • Promote update of transfer pricing legislation. • Monitor RO e-Factura and RO e-Transport implementation • Promote maintenance of the flat tax system. • Advocate for a balanced ANAF – taxpayer relationship. • Promote stimulation of RDI activities by completing the existing fiscal framework R&D for introduction of the Patent Box system. • Provide input re Romania’s approach towards the new fiscal framework discussed at EU and global level. TOURISM • Advocate for raising Romania’s profile abroad as destination for tourism based on a strategy for promotion and consolidation of the competitiveness of the tourism sector in Romania, including through the development of destination management organizations (OMDs). • Promote the stringent needs of modernizing the airport infrastructure in Bucharest and having a direct flight Romania-United States. • Shaping coherent public policies for stimulating professional employment in tourism and support the fight against the gray economy in the context of the shortage of employees. • Promote implementation of multiannual budgeting. • Advocate for transparency, stability, and predictability of fiscal measures. 7 HOW TO USE YOUR MEMBERSHIP ADVOCATE AmCham is firmly committed to facilitating an open and constructive industry – policy dialogue on relevant matters for the business community and the economy at large. Join AmCham’s Committees and Task Forces to share priorities, company and industry views and recommendations aimed at making Romania a better place for business. Participation to advocacy activities is not limited to top management executives. Member companies can delegate representatives with appropriate expertise to one/more AmCham working groups. NETWORK & ENGAGE Attend AmCham business events, conferences, and workshop to meet business leaders, engage with high–level officials, access quality know-how and content, and to expand your business network. AmCham events offer valuable visibility and sponsorship opportunities for members. LEARN & INNOVATE Workshops in the AmCham Learning & Innovation Center facilitate know-how and best practices exchanges among members. Companies sample own expertise and services during workshops attended by business peers in the AmCham community seeking to develop new skills. PROMOTE YOUR BUSINESS TO THE AMCHAM COMMUNITY Feature company news and business intelligence in the News from Members Section of the AmCham page and Weekly Update e-newsletter. BUSINESS VISA FACILITATION PROGRAM (BVFP) FOR MEMBERS AmCham members travelling for business can access the Business Visa Facilitation Program (BVFP) offered by the U.S. Embassy Consulate to reduce the waiting time before the visa interview appointment. STAY INFORMED Regularly update company contact details to ensure AmCham communication – event invitations, AmCham news, advocacy updates, members news- reaches all relevant members of your team. Follow @AmCham Romania on social media for real time updates on AmCham’s activity. Let’s talk AmCham! For all of the above, please contact amcham@amcham.ro for details or to set up a meeting to discuss collaboration opportunities. 8 Membership Benefits 2023 ANNUAL FEE 2023 1,750 lei 1,500 lei 3,250 lei 9,000 lei 19,000 lei One double invitation One double invitation One double invitation Two double invitations Two double invitations Company included in AmCham Members list at www.amcham.ro Company logo on the AmCham homepage www.amcham.ro Company logo in the AmCham Weekly Update electronic newsletter Company logo to be displayed at all major AmCham events (“Patron Members Banner”) Company intro featured on AmCham social media channels (max. 2 features/year for each company) Special acknowledgement during the Annual General Meeting Complimentary listing on AmCham website, including company profile, logo and link to the company’s homepage Opportunities to increase brand visibility through sponsorship Eligibility to nominate a candidate for the AmCham Romania Board of Directors Share company news through the dedicated sections of www.amcham. ro and AmCham Weekly Update Advocacy on issues subject to Committees and Task Forces’ activity Free participation for company representatives to the work of all AmCham Romania Committees and Task Forces Priority seats for one company representative at AmCham meetings with officials where limited seats are available Opportunity to offer company products and services at special discounts and rates for AmCham Members through the Members2Members sections at www.amcham.ro Opportunity to partner with AmCham Romania for events and projects that are in line with AmCham’s mission, values and agenda Access to the U.S. Business Visa Facilitation Program Use the AmCham logo on company webpage Free access to the CONNECTS digital business marketplace Participation to AmCham business/social/learning events Invitation to U.S. Independence Day Celebration Event Opportunity to promote AmCham Patron Members at AmCham business events (brochures, hand-outs, limited to 1 event/year for each Patron Member) Special annual reception for C- level representatives Opportunity to participate to special meetings with top level visitors/ CEOs whenever AmCham is involved Opportunity to provide speakers for workshops and technical events 9 2023 AmCham Patron Members 10 AmCham Romania Board Of Directors EXECUTIVE COMMITTEE PRESIDENT Cristian Sporiș Vice-President, Head of Corporate Banking RAIFFEISEN BANK ROMÂNIA VICE PRESIDENT TREASURER VICE PRESIDENT Elisabeta Moraru Alexander Milcev Andrei Alexandru Andreescu Country Director GOOGLE ROMÂNIA Tax & Law Leader Romania, Partner EY ROMÂNIA CFO/ Managing Director IBM ROMÂNIA BOARD MEMBERS AT LARGE Luminița Runcan Jovan Radosavljevic BANCA TRANSILVANIA COCA-COLA HBC Deputy CEO Daniela Nemoianu Senior Partner NEMOIANU CONSULTING TAX & LAW General Manager Mihaela Stancu General Counsel/Legal & Government Relations for P&G SEE Vlad Boeriu Alina Orban DELOITTE ROMÂNIA MICROSOFT ROMÂNIA Tax & Legal Partner-incharge DINU BUMBĂCEA Country Managing Partner PWC ROMÂNIA Global Partner Solutions Director ALEXANDRU MIHAILCIUC Achilleas Kanaris VP Sales Engineering EMEA UIIPATH President & CEO VODAFONE ROMÂNIA PROCTER & GAMBLE ROMÂNIA 11 AMCHAM ROMANIA TEAM Letiția Pupăzeanu Executive Director lpupazeanu@amcham.ro Ana Maria Ciobanu Advocacy & External Relations Manager amciobanu@amcham.ro Raluca Manea Public Policy & Eu Affairs Manager rmanea@amcham.ro Oana Dobrițescu Advocacy Specialist odobritescu@amcham.ro Manuel Cazac Andreea Roman Communication & Membership Manager aroman@amcham.ro Events & Marketing Manager cstanciu@amcham.ro Mihaela Gușu Ioana Chilom Dan Dochia Program Manager mcazac@amcham.ro Finance & Adminstration Manager mgusu@amcham.ro Community & Key Account Specialist ichilom@amcham.ro Camelia Stanciu Logistics & Admin ddochia@amcham.ro Let’s talk AmCham! For all of the above, please contact amcham@amcham.ro for details or to set up a meeting to discuss collaboration opportunities. 12
