Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware...
Transcript of Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware...
![Page 2: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/2.jpg)
Why invest in Romania?
![Page 3: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/3.jpg)
4 Romanian factssupporting start-ups growth
![Page 4: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/4.jpg)
1. Communist legacy of excellence in science
Science education with heritage – Young human capital - R&D potential for innovative
products
![Page 5: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/5.jpg)
Romania, first place in Europe at International Physics Olympiad
Romania, lots of medals @ International Maths Olympiad
![Page 6: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/6.jpg)
Success StoryBitdefender
Leveraging engineering excellence at global level
![Page 7: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/7.jpg)
Success StoryVector Watch acquisition
Product developmentexpertise in technology
2017 transaction: 15 mld USD
![Page 8: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/8.jpg)
2. Large local market
20 million people – high appetite for consumption – excellent home market for
launching/testing products
![Page 9: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/9.jpg)
Success StoryING Romania
Leadership in banking through innovation and
entrepreneurship
Last public results (2016) 22% yoy increase in revenues (278 mEUR)
44% yoy increase in profit (121mEUR)
Launched retail operation: 2005 (greenfield)
Key Success factors:
Leveraging Entrepreneurship – Franchise distribution model
Service Innovation focus
![Page 10: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/10.jpg)
3. Generation shift in business
“Work hard/play hard” taking leadership– – newmanagement style, collaboration focused
New business ethical mindset – last years “clean up” in business driven by anti-corruption fight
![Page 11: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/11.jpg)
4. Vivid start-up ecosystemLots of hubs, incubators, start-up initiatives
Increased international awarenes of entrepreneurial start-up potential
Investments in start-ups - solid growth
![Page 12: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/12.jpg)
Start-up infrastructure
Lots of business incubators
NOD Makerspace - Bucharest
![Page 13: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/13.jpg)
Start-up infrastructure
Co-working andcollaboration culture
Impact Hub- Bucharest
![Page 14: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/14.jpg)
Start-up infrastructure
Start-up meet-ups
Impact Hub - Cluj
![Page 15: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/15.jpg)
Start-up infrastructure
Lots of entrepreneurial andbusiness development
education
Cluj HUB
![Page 16: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/16.jpg)
My Start-up team
![Page 17: Cosmin Cosma - Chambre de Commerce · Cosmin Cosma. 18.01.2018. Managing Partner at FINQ. ware cosmin.cosma@finqware.com](https://reader034.fdocuments.net/reader034/viewer/2022050715/5f1d3512091bba18966180a5/html5/thumbnails/17.jpg)
Why invest in Romania?
Why don’t you visit first? Talk to you later.