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Okno Group Country facts & figures
Romanian flag Romania
Population: 23.2 million (July 1995) Area: 91,500 square miles Capital: Bucharest (population 2,354,000)
Other cities: Constanta (350,000), Iasi (344,000), Timisoara (334,000), Cluj (328,000), Galati (326,000), Brasov (323,000) Language: Romanian Religions: Roman Orthodox (70%), Roman Catholic (6%), Protestant (6%)

Economy and Economic Data

GDP per capita: lei 2,065,726 (1994) (about $1,250)

Currency: leu; lei 7,757.5 = $1 (October 1997)

Average wage: lei 201,271 per month (June 1995) (about $100 per month)

Major industries: textiles and footwear, metallurgy, timber, chemicals, food processing, petroleum refining

Agriculture: wheat, corn, sugar beets, sunflower seed, potatoes, milk, eggs, meat, grapes

Natural resources: major producer of oil and natural gas; timber; also deposits of coal, iron ore, non-ferrous metals, and salt

Government

Parliamentary republic - the president is directly elected and nominates the prime minister

Head of State
: President Emil Constantinescu (elected November 1996)

Prime Minister: Victor Ciorbea (National Peasant-Christian Dem.)

Parliament: bicameral parliament with Senate (143 seats) and Chamber of Deputies (341 seats)

Government coalition: Democratic Convention of Romania (CDR) and the Social Democratic Union (USD)

Elections: last held November 1996

Treaties and Agreements in Force

European Union: Associate member agreement (1993)

OECD: no

Central European Free Trade Agreement: yes

World Trade Organization: yes

EFTA: Free Trade Agreement (1993)

Most-Favored-Nation status with United States: yes

International environmental agreements: Party to: Air Pollution, Antarctic Treaty, Biodiversity, Climate Change, Endangered Species, Environmental Modification, Hazardous Wastes, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands. Signed, but not ratified: Antarctic-Environmental Protocol, Law of the Sea


Recent policy developments in Romania

Articles related to Romania in the East/West Letter

Links to other Romania-related web sites


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Okno Consulting, Ann Arbor, Michigan, USA
Created 13 January 1996; Last updated 16 December 1997

Copyright ©1996, 1997 Okno Group