At beggining of December 2017, Reșița was represented at the Business and Investment Symposium Romania – China (Zhejiang Province), held in Bucharest. The event was organized by the Chamber of Commerce and Industry of Romania and the Chinese Committee for International Commercial Promotion, bringing together delegates of over 70 Chinese companies from various fields of activity.

The event marks a growing interest of the Chinese state to expand its business and investments to Southeast European countries, as part of China’s Silk Road Economic Belt Strategy.

The Chinese companies present at the event have sought opportunities for interaction and business with Romanian economic operators. In addition to this, the event was a good opportunity to be familiar with the strategy and approach of Chinese investors on expansion and prospecting of new investment locations.

Starting 2017, Reșița City Hall participates reguraly to such investor forums and conferences, being committed to promote our city assets and to interact with potential investors, partners and institutional supports that may help develop a competitive local business environment in Reșița.

This month – November 2017 – we were present at one the most prestigious events related to foreign investors – Foreign Investors Summit 2017.

The 3-day Business Summit in Bucharest, brought together leading executives of multinational companies, active investors, entrepreneurs, government officials, political and economic analysts and leaders of main business associations as well as chambers of commerce.

Reșița was represented by Grațian Mihăilescu, adviser to the mayor, as well as Marina Neagu, consultant for Reșița City Hall, part of MKBT, both speakers in one of the panels of the conference. The participation offered a great opportunity to discuss and promote Reșița’s efforts in urban regeneration and the facilities that the city offers for welcoming new investors. This was also a good occasion to share the investor brochures prepared by Reșița City Hall to those present.

Starting 2017, Reșița City Hall participates reguraly to such investor forums and conferences, being committed to promote our city assets and to interact with potential investors, partners and institutional supports that may help develop a competitive local business environment in Reșița.

Starting this school year (2017-2018), graduates of 8^th grade can opt for Reșița`s Dual School System. The qualifications, available this year for the 162 students, vary from tourism workers (cooks, waiters and hotel workers) to textiles manufacturers, machinery and industrial installations mechanics, lathe workers, welders, locksmith machinists and electricians.

Three colleges in Reșița have signed up to offer dual vocational education: the Reșița Technical College, the Cărăşan Technical College and the Banat Mountain Economic College. The program has been highly welcomed by local private companies, as 15 local businesses subscribed to this program in its first year .

At the end of three years of study, which include a mix classes and practice on-site at the premises of one of the economic operators enrolled in the program, the graduates will receive a professional qualification certificate and a workplace. During the studies, the students will also be given scholarships made available by the state, Reşiţa City Hall and the companies involved in the program. Those commuting from the outskirts of Reșița can benefit of free accommodation in student dorms, as well as reimbursement of transport costs.

We expect the Dual Professional School in Reșița to become the main provider of highly qualified workforce in the area and a great added value for the economic operators in Reșița.