Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania, Bulgaria consider creating joint sightseeing routes for...

Romania, Bulgaria consider creating joint sightseeing routes for Japanese tourists

December 10, 2024

Romania and Bulgaria are planning to create a series of joint sightseeing routes for Japanese tourists who want to visit the region, announced Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea, who met on Wednesday with a Japanese delegation led by Vice-Minister of Economy, Trade and Industry Shinji Takeuchi. The talks were aimed at deepening bilateral relations between the two states through partnerships and strategic investments in fields such as industry, renewable energy, new technologies and tourism."Tourism is perhaps the most satisfying field that I coordinate and I think it is important that we also lay back. I discussed with my Bulgarian counterpart and we intend to create a series of joint routes for Japanese tourists who want to visit the region, so that they have the opportunity to see more than just one country. We have a host of beautiful places in Romania, such as the Danube Delta, which is unique in Europe. Beyond the fact that this is our responsibility as a ministry, promoting Romanian destinations it's also a joy," Oprea said, as cited in a release.Speaking about the dimension of the Romania - Japan strategic relationship, as well as about the opportunities Romania has to offer to companies interested in investing, Oprea emphasized the important presence of Japanese companies, mainly in the automotive area, pointing out that the Japanese investors already present in Romania are its best promoters, because they can confirm the existence of a favorable business environment."Romania benefits from a unique energy mix, a very good geographical position, we have the port of Constanta which gives us access to the Black Sea, we have resources, we have creative minds. We want, just like Japan, to have clean energy and to capitalize on all these resources. We can capture carbon in depleted natural gas reservoirs, produce blue ammonia, we have a tradition in the oil industry, we have offshore legislation, so Romania is the ideal place for investments! The partnership between Romanian and Japanese companies can benefit both sides, because our role is complementary," declared the Minister of Economy, Entrepreneurship and Tourism.The Romanian official also suggested other fields of cooperation, such as entrepreneurship, where Romania can already boast technological research ecosystems.In his turn, Japanese Vice-Minister of Economy, Trade and Industry Shinji Takeuchi welcomed the strategic partnership between Japan and Romania and declared that it also reflects the rising interest of Japanese investors in Romania. He underscored that his visit to Romania at the head of a delegation of government officials and representatives of 16 companies such as IHI, Mitsubishi Heavy Industries, Mizuho Bank, Kawasaki Heavy Industries, Sustech Inc., ENEOS, Marubeni Corporation from sectors such as energy, research and technology, industry, infrastructure and banking, is proof of the growing investment interest in Romania.Also, Minister Takeuchi reiterated support for Romania's joining the OECD, praised Romania's contribution to the organization of the World Expo 2025 Osaka, Kansai, and invited Minister Stefan-Radu Oprea to participate in this event.The meeting ended with the signing by the two officials of a joint declaration reaffirming the commitment to strengthen cooperation between the two nations.According to the statistics mentioned in the cited release, Japan ranks 21st by the amount of foreign investor participation in trading companies with foreign capital. In the first half of 2024, there were 410 trading companies with Japanese capital active in Romania, with a total paid-up capital equal to the equivalent of 430.2 million dollars, and the total volume of trade between Romania and Japan in the same period stood at 619.2 million dollars.   

Read in full - click here
European Commission's PNRR coordinator meets with Romanian officials to discuss fiscal measures

Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]

Romanian aluminium producer ALRO marks 28 years on BVB, capitalization increased 21x since listing

Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]

6 Ways Romania is investing in its digital infrastructure

Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show.  Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]

A7 and A8 highway segments in Romania lose Resilience Facility funding due to delays, minister says

Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]

Redport and Dan Șucu launch Vitality Est showroom, break ground on EUR 50 mln residential project in Bucharest

Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]

Colliers: Romanians spent EUR 3 bln on international travel in first four months of 2025

According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024.  If the current pace continues, Romanians’ spending on foreign holidays and business travel […]