Page 36 - Nearshoring to Romania

4. Remove link between the official position title on employment contract andeducation (job title
should be dependent on capabilities) and make length of probation period free to choose.
In Romania the position that you can give an employee in your company is dependent on his or her
diplomas. Accordingly, without the proper (and in Romania recognized) university degrees, you can
have difficulties in hiring for a specific position. Work experience, not only the university degree,
should be a valid ground for the position title afforded to a particular employee on the employment
contract.
Also, since the official position title on the employment contract has a meaning for the Romanian
authorities, some details, like the length of the standard probation period, are dependent of this. The
length of probation period has to be free to choose.

5. Have one central institute dealing with all companies in Bucharest, instead of doing this on
level of sector
The division of Bucharest in sectors is not facilitating business because it causes unnecessary
paperwork when, for instance, moving from one sector to the other. It would be beneficial to have one
central institute dealing with all companies in the capital city, especially where tax collection is
concerned.

6. Set up a bureau for foreign investment
For instance modelled after the successful Polish agency for foreign investment Paiz.

7. Create a business incubator to facilitate start-up companies in high-tech industries.
A program designed to support the successful development of entrepreneurial companies through an
array of business support resources and services.

For example, University spin-offs should be encouraged and supported. Since high-tech industries are
particularly dependent on bright minds, creating the framework for top students to get involved should
be a priority, so as to give them a chance to use their talents and knowledge. It is proven that
Universities are likely to be the best incubators for start-up companies, especially in the high-tech
industries.

Nearshoring to Romania, NRCC 2013