"Measures and instruments to support cross-border business collaboration between the Razgrad Province and Giurgiu County" is the title of the adopted project, where the beneficiary is the Razgrad Provincial Administration. It is financed from the 2007-2013 Romania - Bulgaria Cross-border Collaboration Operational Programme. The budget of projects amounts to 276 143 euros, while the period for its implementation was set at 18 months. Partners are the Razgrad Regional Commercial, Industrial and Agricultural Chamber and the Giurgiu Commercial, Industrial and Agricultural Chamber.
The purpose of projects is support for the economic growth of the cross-border region, boosting the economic activity and the collaboration between companies and farmers from the Province of Razgrad and the county of Giurgiu. The target groups are micro-, small and medium enterprises, farmers, organisations of the business community and local administrations from both administrative regions.
The project activities are aimed at encouraging and support of joint business ventures and investments. It is provided for performing an analysis of this economic climate and business contacts; organising workshops, round tables and business-forums; conducting the training entitled "The regional branding as means to establish value added for the produce of the local manufacturers"; constitution of an association for cross-border business collaboration including organisations of the business community and the regional authorities in the Bulgarian Province and the Romanian county; establishment of exchanged information offices for business collaboration in the towns of Razgrad and Giurgiu; drafting a common marketing strategy. Local small and medium enterprises will be assisted to participate in commercial exhibitions in both Bulgaria and Romania. A website will be established with data base of potential business partners and a common business investor's reference book (guide) for Razgrad and Giurgiu.