This article was originally published in Edward Fennell’s Legal Diary, 24 September 2021, and can be found here.
The London office of MPR Partners, an award winning, internationally commended Romanian law firm and founding member of the British-Romanian Chamber of Commerce, will be hosting their first Romanian Professionals and Business Owners event in the City of London on Thursday, 8 October.
The event will be a great opportunity to get introduced to fellow entrepreneurs and professionals, exchange shared ties to Romania and discuss and find common business interests.
There are over 1 million Romanians living in the UK and as of 2018, Romania became the second most common non-UK nationality. As of 30 June 2021, approximately 1,067,200 Romanians had applied to the UK government’s post-Brexit European Union Settlement Scheme. Out of these, over 100,000 were registered last year as active business owners in the UK, which places Romanians as second to Ireland in this sphere.
Romanian technology businesses are flourishing, with Romania being considered by many as Europe’s emerging Silicon Valley. Aside from being home to an impressive number of international technology companies, including Microsoft and Oracle, Romania’s capital Bucharest has recently been designated as the home of the EU’s newly established Cybersecurity Competence Centre.
Additionally, the large number of specialists and the quality of Romanian university programmes in the IT sector, along with foreign investors in this area, indicates the country’s success and potential in this sector.
This may be of interest to UK companies as the British IT market itself has generated more multi-billion USD tech companies than France, Germany and the Netherlands combined.
The event will take place from 6-9pm at The Refinery (12 New Square Street), a friendly venue with both outside and indoor seating, sitting in a central, easily accessible yet quiet City location. Registration can be done on the event’s page.
This will be the first of many of these events and we do hope that as many as possible are able to attend.