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Romania’s investment offer promoted in Japan

Romania’s investment offer promoted in Japan

Romania’s investment offer promoted in Japan

Last week, part of our team attended an official visit to Japan, within a delegation headed by the Secretary of State at InvestRomania Paula Pîrvănescu, targeting cities like Osaka, Kobe, Kyoto and Tokyo.

On this occasion, our staff met high officials from of various Japanese governmental institutions, banking and business environment representatives, tackling issues like new business opportunities given the entry into force of the EU-Japan Economic Partnership Agreement (EPA) earlier this year.

METI (The Ministry of Economy, Trade and Industry), KEIDANREN (Japan Business Federation) and the Economic Committee Japan-Romania were also among the Japanese authorities the delegation have met with.

Furthermore, JETRO (The Japan External Trade Organization) and Mizuho Bank enabled meetings with preeminent companies like: JTEKT Corporation and Kankei Ren Company in Osaka, TOA Corporation and Murata Manufacturing Company in Kobe and Kyoto, followed by others with Mitsubishi Electric Company, Pole to Win Company, Mitsutoyo Company, Mizuho Financial Group and Kawasaki Heavy Industries in Tokyo. The talks were focusing on identifying and capitalizing on commercial and investment projects of mutual interest.

JTEKT Corporation stated its intention to extend operations in Romania through a new investment at Koyo Seiko Romania (former Alexandria bearing factory).

The Romanian delegation also attended two seminars organized by JETRO with the support of the Romanian Embassy to Japan, on July 22nd in Osaka and July 24th in Tokyo. Busting bilateral investments, the development of Romanian companies on non-EU markets and investment opportunities offered by our country to Japanese companies were among the main subjects covered by the events. Major players of the Japanese market, companies from IT and automotive as well as financial institutions that took part at these seminars, some of them being global leaders in their field, expressed their interest in expanding their businesses on the Romanian market.