Corart has organized an economic mission in Bucharest and in Costanza with the scope to deepen the requirements of the Romanian market.

The purpose of the mission has been understanding if in the Romanian market is possible to find a valid request for the Italian goldsmith products. Moreover our intention was to find out what characterizes the demand of the Romanian consumer.

During the permanence in Romania we have had contacts with the operators in this field and have picked some information regarding the market. The typology of the demanded products is generally of 14 carats articles and now is increasing the demand for 18 carats. The greater part of the goldsmith articles comes from Turkey and often is managed from Mounts of Mercies that are free paying the 25% inland duty that the goldsmith’s workshops must pay to the state. This phenomenon is experienced more in Costanza then in the other great cities. Moreover we have noticed that the market is characterized from the purchase of the gold like investment and not for the particularitities of the design of the jewel.

Even if Romania makes part of the European Union and therefore there aren’t custom duties, the Italian products are penalized because beyond of the cost of the manufacture which is higher compared to the Turkish one, it records and not little the 25% inland duty. We have come to know that within the end of this year the taxation could be lowered until 15% with the scope of annulling it in next the 3-4 years. However the Italian product is demanded, the test the fact that often in the display windows of the jewelrys shop in the center of Bucharest are frequently exposed Italian products. found produced Italian.