Romanian Japan Investments

1. The economic relations between Japan and Romania

  • In 2013, the value of Japanese exports in Romania was 30.3 billion yen (about 233 million Euros at average exchange rate of 130 yen / 1 euro) and the value of imports from Romania was 49.7 billion Japanese yen (approximately 382 million Euros, an average exchange rate of 130 yen / 1 euro)
  • The main products exported from Japan in 2013 were auto parts, motor vehicles and electrical and electronic equipment. Romanian exports are dominated by wood and wood products. The remaining exported products are mainly: machinery and electrical equipment, chemicals, materials, plastic products, footwear, glassware, pottery, wine, textiles.
  • In Romania, there are 26 Japanese manufacturing companies with 45 factories with a total of approx. 31,000 employees. Most of these companies are auto parts manufacturers that export the bulk of production, but are also suppliers for Dacia and Ford car factories in Romania.
  • It shows a trend in the expansion of production capacities for manufacturing Japanese companies present in Romania, as follows:
2011Companies YAZAKI, TAKATA, Japan Tobacco International (JTI), PLASESS by developing production capacities of local factories in Romania have increased European presence
Allied Telesis Company, manufacturer of network equipments, has opened a new training center and technical support in Iasi County
Japanese company Sumi Agro Europe, based in London, a subsidiary of Sumitomo Corporation, acquired 90% stake in Romanian Alcedo, the leading provider of pesticides, seeds and fertilizers on the market
2012MITUTOYO Company, world leader in manufacturing measuring and controlling devices, has opened a representative office in Romania
The Japanese auto wiring producer, Fujikura, has opened a new research and development center in Sibiu County
2013After a presence of over 20 years in Romania, JTI (Japan Tobacco International) exports cigarettes produced in Romania in more than 50 countries in Europe, South America, Asia, etc.
2014Japanese Corporation MARUBENI and Romanian company Electrocentrale Bucharest (ELCEN) started working at the construction of a gas power plants
NTN, bearings manufacturing Japanese company, increased its production capacity by building a new production hall
The Japanese company Makita expanded the factory in Romania, and doubled the capacity of production
 Non -governmental organizations to promote bilateral economic cooperation are as follows:
  • Romanian- Japanese Economic Committee, President: Hiroshi Inoue , Senior Advisor, JTEKT Corporation
  • Romano – Japanese Business Association, President: Norihiko Iwaki , CEO of E & M Corporation
  • Chamber of Commerce and Industry Romania -Japan, President: Mihai Prundianu
2. Japanese funding for major projects in Romania:
  • Construction of  Metro line 6 to Otopeni
  • Rehabilitation of national road DN6 (Craiova – Timisoara)
  • Constanta South Container Terminal Modernization
  • Modernization and rehabilitation of the railway line Bucharest – Constanta
  • Installation of flue gas desulphurisation – Turceni
  • Electric Thermal Power Rehabilitation Isalnita
  • Rehabilitation of Thermal Power Paroseni electrical life
  • Switching the inert gas plant (Thermal Brazi Vest)

3. Japanese companies in Romania.

      Source: JETRO
List of Japanese companies with headquarters in Japan, present in Romania, can be found here