Camera de comerț și industrie a României

CCIR Romania

Commercial credit

Historical
background

The Chamber of Commerce and Industry of Romania (CCIR) is the institution that has represented Romanian entrepreneurs for over 150 years, within various political and economic systems.

As direct vectors of the free market economy, the Chambers of Commerce and Industry in Romania have actively contributed to the development of businesses and, consequently, to the development of the Romanian State.

The representative nature of the Chamber System in Romania—the business organization with the most extensive network at the national level, along with its prerogatives in the sphere of business development in Romania—ensures the necessary conditions for integrating the Commercial Merit distinction into the portfolio of recognized competencies of the Chamber of Commerce and Industry of Romania.

Since the establishment of the first Chambers of Commerce in 1864, through the signing of the Royal Decree No. 1363 by Prince Alexandru Ioan Cuza, the activity of the Chambers of Commerce has been aligned with economic realities, providing traders with services in the fields of commercial and industrial education and international relations. The Chambers of Commerce have contributed to the liberalization of trade, the modernization of transport and communications, and the expansion and consolidation of the domestic market.

The granting of the Commercial Merit distinction is an initiative that should contribute to stimulating the competitiveness of the economic and business environment. The Chamber of Commerce and Industry of Romania, as an exponent of the market economy, has the opportunity to strengthen its position and institutional mission, both in relation to the business community and at the level of central public authorities.

Economic
premise

One of the greatest challenges of our time is maintaining economic competitiveness, and the efforts of the Chamber of Commerce and Industry of Romania (CCIR) primarily focus on supporting enterprises of all sizes and from all sectors by providing opportunities and information, access to new ideas and innovation, expertise, and support.

Considering the global and regional context, Romania’s status as a member state of European and Euro-Atlantic structures, as well as the new technologies that enhance the traditional sphere of chamber services, the Chamber of Commerce and Industry of Romania acts to strengthen the sustainable development of Romania by increasing the capacity of the economic environment to meet current and future challenges.

Thus, by the status granted by the current legislation, the Chamber of Commerce and Industry of Romania develops economic policies after consulting with the business community and initiates projects aimed at stimulating foreign investment attraction, an essential aspect for the future development of Romania.

National
legislative
context

The Chamber of Commerce and Industry system in Romania is currently regulated by Law no. 335/2007 regarding the Chambers of Commerce in Romania, as amended by Law no. 39/2011. The current organization, similar to that in 1925 when there was a Chamber of Commerce in each county capital, ensures a close connection between the chamber’s representative structure and businesspeople, by providing high-performance services connected to their needs.

The granting of the Commercial Merit distinction, based on the provisions of paragraph (1) of Article 24, paragraph (1) and letter k) of paragraph (2) of Article 28 of Law no. 335/2007 on the Chambers of Commerce in Romania, as updated, and Article 16, point 39, and Articles 32, point 22, and 35 of Article 28 of the Statute of the National Chamber, is part of the natural activities of the Chamber, such as registering companies with the Chambers (affiliation, databases), representing businesses in dialogue with decision-makers, both nationally and internationally, and recognizing business performance through organizing Company Rankings.