romanian business culture
DESCRIPTION
This presentation gives you insight into the Romanian business culture with some important Do's and Don'ts at the end.TRANSCRIPT
Business in Romania
© Zsolt Márton
Why learn about this?
Elements of business culture
Do and Don’t
What you will hear today:
Why should you know this
?
Romania is a big market in the EU
Fast growing economy
pre-crisis: 2% NL vs. 7% RO
Different business culture
22 million
Main elements of the business culture
:
Hierarchy
High PDI
Hierarchy is very important
Senior members with most authority
Hierarchy
Power is concentrated at the top
Cut out the middleman
Superiors and subordinates don’t socialize
Management style
Autocratic style
Technical competence, leadership and economic studies
Only the end result is important
Meetings
Be punctual
The entering party offers to shake hands
Politeness is very important
Meetings
Small talk is expected
Eye contact
Conservative clothing
Alcohol may be served
Communication
Be diplomatic at first
Being direct: only if you know each other well
Use family name and title
Communication
Reserve is valued
Courtesy towards women
Don’t interrupt others
Business lunch
Invitation
High-level: by senior executive
Seats by hierarchy and language
Business lunch
Traditional & location specific food
Never smoke while somebody else is eating
Gifts
Country-specific gifts
Quality alcoholic beverages
Cigars
For women: perfumes vs. cigars/alcohol
Do and Don’t
!
Shake hands!
Be very polite!
Cut out the middleman!
Be punctual!
Respect the hierarchy!
DON’T be loud/intrusive!
DON’T confuse Hungarians and Romanians!
DON’T be too direct at first!
DON’T interrupt!
Thank you
!