Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. CCIR proposes Japanese investors to use Port of...

CCIR proposes Japanese investors to use Port of Constanta for trade with Europe and Romania

November 18, 2021

The Port of Constanta can become an important storage and transit point for goods brought from Japan to Europe and Romania, the president of the Chamber of Commerce and Industry (CCIR), Mihai Daraban, told the ambassador of Japan, Hiroshi Ueda, on Monday, according to a statement issued by CCIR on Tuesday."It is very important for the Romanian business environment not to limit itself to traditional markets, such as the European Union, and to try to access especially the markets of the G20 countries, such as Japan. At the same time, Japanese investors are more than welcome in Romania, the Port of Constanta being an opportunity, from this point of view, through the key position in the Black Sea. The Port of Constanta can become an important logistical hub in the movement and storage of goods brought from Japan for the Romanian market and for Europe. The Port of Constanta offers all the necessary facilities for new investments, including generous land areas, while ensuring a strategic position with an opening to Central and Western Europe through the Danube river corridor. This type of facility is unique, given that the development of Western European ports has already reached its full potential," the CCIR president was quoted as saying in the release.In turn, the Japanese ambassador explained that Japanese businessmen are going to launch a scholarship program in the field of business administration for Romanian entrepreneurs."Romania and Japan have developed a very good cooperation relationship, at least in the last period, as evidenced by both official visits and concrete projects such as the suspension bridge over the Danube, carried out together with a Japanese company. The Japanese business environment, representative of Keidanren (Business Federation of Japan), is very interested in the Romanian market, and when the pandemic situation allows it, they will organize a business visit to your country. The program involves the award of a one-year scholarship, with all the expenses covered, at the end of which the graduates receive a master's degree. We reiterate the invitation to CCIR to get involved in identifying potential candidates for these scholarships in the field of business administration," said Hiroshi Ueda.According to the data of the National Trade Register Office, the total volume of Romania-Japan trade amounted to 745.27 million euros at the end of last year and 341.94 million euros at the end of June 2021.At the level of August 2021, a number of 390 Japanese companies were active in Romania, with a total value of the invested share capital of 295.32 million euros.   (Photo:https://ccir.ro/)

Read in full - click here
Romania's Cultural Consumption Barometer: Difficult access, cost hamper participation in cultural education activities

Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]

Overwhelming majority of Romanians say the pace of public digitalization is slow, survey shows

Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest.  The survey aims to capture the way citizens relate to […]

Romania’s Superior Council of Magistracy rejects new bill cutting magistrates’ pensions

Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch.  CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]

Romania takes the presidency of the Central European Initiative for 2026

Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE).  The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]

Romania-Poland annual bilateral trade in goods valued at over EUR 12 billion

Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]

Lorena Tănase (ONV LAW) and Alina Sîrbu (Arthur Hunt) explain the EU Pay Transparency Directive and its implications for companies in Romania

As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]