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Outsourcing News : Article

Brits make a cautious entry

Real estate, manufacture and services are needed for UK-Romanian relations, as the Brits show a low-key interest in the market

UK manufacturing is no stranger to Romania. Craiova-based Electroputere assembled railway locomotives for Loughborough’s Brush Traction in 1976. But this did not emerge into the best example of investment relations over the Iron Curtain.
     “The whole thing was an absolute disaster,” says Ray Breden, outgoing chairman of the Branch Advisory Board at the British Romanian Chamber of Commerce (BRCC). “Ceausescu would not allow British engineers into Romania to supervise the production.”
     The 30 trains suffered design faults and damage on their journey to the UK, where their life-span saw a quick end. Such a deal derailed any long-term business relationship between the two countries at that time.
     Hopefully things have now changed.

Read entire article on The Diplomat.ro

Posted: Wednesday, June 06, 2007

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