Strategies for Romania’s trade balance

| 28 29 | Farmec products and brands are loved by consumers, and by manufacturing them here, we develop both the local and the national economy through the collaborations we have with our business partners. We support the 3RO initiative – run by PENNY, because it is part of our mission. In Farmec, we work every day to improve the technologies, facilities and opportunities in each sector in order to continue to offer authentic and quality Romanian products, made by the local workforce - people who implicitly contribute to Romanian industries. Mircea Turdean General Director Farmec We have been actively involved in PENNY's 3RO project from the very beginning, as we recognize that increasing the presence of local products in consumers' shopping baskets is a medium through which we can build a stronger, more sustainable economy, closer to our national values. At Cris-Tim, we aspire to have a greater availability of local raw materials, which leads to stimulating investments in infrastructure, technology, and, most importantly, contributes to collective prosperity by creating job opportunities in our communities and fostering the economic development of regions. By supporting local producers, we can build solid longterm partnerships that enable us to ensure the quality and continuity of supplies without relying on imports and fluctuations in the international market. I am impressed by the clarity of the goals and the exceptional organization of the conferences related to the 3RO program. I congratulate the PENNY team for the long-term vision to grow in perfect symbiosis with the sustainable development of Romania. The successful implementation of the 3RO project is vital in this respect, as it achieves all the necessary pillars: macroeconomic balance (by reducing the pressure on the trade and fiscal deficit, and inflation), the population prosperity (by increasing better-paid jobs, thanks to domestic investments), development of the local business environment (by higher added value in domestic production), environmental protection and reduction of the carbon footprint (due to the reduction of imports and the shortening of the logistics chain). I felt the huge determination and energy invested in this project, that's why I believe the implementation of the 3RO project can be one of the milestones for Romania's development in the next decade. Radu Timiș Cris-Tim Group President & Romanian Meat Association President Iancu Guda Financial Analyst 3RO aims to promote products manufactured in Romania and to support local producers. We wanted to open a discussion about the needs of these producers, the initiatives needed for the development of the industry and the opportunities offered by the state. The meetings with the authorities, professional associations and producers provided us with valuable information and possible solutions for the progress of the Romanian manufacturing industry. Monica Șerban Head of Non-food Buying PENNY Romania

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