CAEN Code Rev. 3

721

Research and development in natural sciences and engineering

EU NACE Equivalent: NACE Rev. 3 — 721

This category includes all activities of fundamental research, applied research and experimental development in the field of natural sciences (physics, chemistry, biology, etc.) and engineering. Practically, we are talking about laboratories, research institutes or teams that invent new technologies, materials or processes, transforming scientific ideas into practical solutions for industry.

Entrepreneur Profile

This CAEN code 721 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on research and development in natural sciences and engineering. It is ideal for founders aiming to offer specialized services or products in this economic niche within the Romanian market.

Who should avoid:

Avoid the exclusive use of code 721 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.

Overview of CAEN 721: Research and Development in Natural Sciences and Engineering

The research and development industry in natural sciences and engineering, coded CAEN 721, represents an essential engine of technological innovation and economic progress. In Romania, this sector comprises research institutes, university laboratories, and private companies that develop new materials, chemical processes, engineering solutions, or discoveries in physics and biology. Although not as visible as manufacturing industries, its macroeconomic contribution is significant, generating intellectual property, patents, and know-how that fuel the competitiveness of the entire economy. The evolution of this niche has been marked by an increase in international collaborations and European funds for research projects, but also by a migration of talents to centers of excellence abroad. Major challenges for entrepreneurs and managers in this field include attracting and retaining highly qualified personnel, access to long-term financing, and transforming research results into marketable products. Furthermore, the bureaucracy associated with research projects and the lack of modern infrastructure in certain regions can slow down the pace of innovation. Nevertheless, global trends of digitalization, sustainability, and health create enormous opportunities for those active in CAEN 721, especially in fields such as applied artificial intelligence, advanced materials, or renewable energy. In conclusion, research and development in natural sciences and engineering is not just a statistical category but a strategic pillar for Romania's economic future.


Included Activities

  • ✅ Fundamental research in natural sciences and engineering
  • ✅ Applied research in natural sciences and engineering
  • ✅ Experimental development in natural sciences and engineering
  • ✅ Interdisciplinary research projects involving natural sciences and engineering
  • ✅ Studies and consultancy in scientific and engineering research

Excluded Activities

  • ❌ Research and development in social sciences and humanities (NACE 722)
  • ❌ Research and development in biotechnology (classified under other specific codes)
  • ❌ Actual industrial production activities (without research component)
  • ❌ Routine technical testing and analysis services (NACE 7120)
  • ❌ Science education and training (classified under education)

Similar or Related CAEN Codes:

From the same category of economic activities:

Întrebări Frecvente

What type of companies can use CAEN code 721?

Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "research and development in natural sciences and engineering" is required to have this code authorized in its articles of incorporation or at the Trade Register.

Are special permits required for CAEN 721?

The need for permits depends on the exact nature of the operations carried out under class 721. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.