The Romanian-American Chamber of Commerce is a bilateral trade and investment organization that promotes commerce and investment between Romania

Romania

Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

 and United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, and is headquartered in Washington D.C. The Chamber is composed of both Romanian and American businesses and has active chapters in New York, Washington, D.C., Florida, California and the Mid-West. It was founded in February 1990 and is celebrating its 20th year of activity in 2010. The RACC conducts a broad range of events, activities, and services and is a member organization of the Bi-National European Chambers of Commerce of the United States, which includes most of the bilateral chambers of the major EU member states.

History

Shortly after the Romanian revolution of December 1989, a group of American business leaders and professionals led by Mark A. Meyer

Mark A. Meyer

Mark A. Meyer is the founder and President of the Romanian-American Chamber of Commerce and the Moldovan-American Chamber of Commerce...

 met to discuss the formation of a bilateral trade association dedicated to the development of prosperous business relationships between Romania and the United States. Initial members included representatives of major US firms, such as IBM

IBM

International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

, Coca-Cola

Coca-Cola

Coca-Cola is a carbonated soft drink sold in stores, restaurants, and vending machines in more than 200 countries. It is produced by The Coca-Cola Company of Atlanta, Georgia, and is often referred to simply as Coke...

, Deloitte & Touche, Chemical Bank, Colgate-Palmolive

Colgate-Palmolive

Colgate-Palmolive Company is an American diversified multinational corporation focused on the production, distribution and provision of household, health care and personal products, such as soaps, detergents, and oral hygiene products . Under its "Hill's" brand, it is also a manufacturer of...

, Caterpillar

Caterpillar Inc.

Caterpillar Inc. , also known as "CAT", designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas...

, ConAgra and General Electric

General Electric

General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

, as well as smaller import export companies. In February 1990 they organized the Romanian-American Chamber of Commerce (RACC).