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
Romanian film review – Politics, Genre, Classics, Surprises: Berlinale 2025 & Visuali Italiane

The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]

RoEM Analysis: Romania’s GDP to advance by only 1.5% in 2025, with uncertainties stemming from domestic and regional economic and political risks

In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]

Bucharest Stock Exchange launches financial education section on Research Hub platform

The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]

Romanian governing coalition's presidential candidate to launch a podcast and invite critics

The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]

Civic Digital Incubator trains teachers in Romania on online rights, responsibilities

Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]

Artificial Intelligence and GDPR: How is personal data protection ensured in the era of algorithms?

Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]