Constanta port will equip an additional berth for Ukrainian cereals, according to a message posted by Ukrainian Danube Shipping Company (UDP) in its Telegram account, Interfax informs. “Our Romanian colleagues announced the completion of the tender for equipping the berth on the occasion of a trilateral meeting,” UDP informs. The Ukrainian company pointed out that in 2023 it was one of the project initiators, as Constanta port terminals did not have enough capacities to manage the traffic of cereals coming from Ukraine. Last year there were “up to 600 berths loaded with cereals in port which were waiting up to 30-40 days to be unloaded,”UDP informed. Now, most exports of Ukrainian farm produce returned to Odesa ports, but the Danube route remains an important one, but the new berth will not remain unused,” UDP pointed out. The Ukrainian company intends to send up to 200,000- 250,000 tons per month to Constanta port. “We are offering complete services, river transport plus transfer from one ship to another in Constanta port. If the main export route from Ukraine returns to the Danube, the berth will become a salvation line which will significantly increase the overall capacity of our logistic model,” UDP mentioned. Constanta port established in 2023 a new record about cereal exports, due to the increase of cereal deliveries from Ukraine, as well as to projects meant to improve infrastructure financed by EU. According to port authority representatives, Constanta port sent a record quantity of 36 million tons of cereals last year, on the rise by 50% against 2022. Ukrainian cereals were responsible for about 40% of the total volume.
A new study conducted by the National Sample agency (formerly European National Panels), which thoroughly analyzes how people use social media, shows that Facebook remains the most popular social network in Romania, actively used by 75% of the online population aged 18 to 54. Romanians between 45 and 54 use Facebook with preference, while younger […]
RIVUS Cluj-Napoca, the mixed-use urban reconversion project developed by companies IULIUS and Atterbury Europe, was granted the largest loan for a new real-estate development in Romania, namely EUR 400 million. Around EUR 180.3 million will be provided by the European Bank for Reconstruction and Development (EBRD). Thanks to the loan, Cluj-Napoca will see the transformation […]
Former prime minister Marcel Ciolacu announced on Tuesday, May 20, that he has resigned as head of the Social Democratic Party (PSD), the largest in the Romanian legislature. The interim leadership of the party will be taken over by transport minister Sorin Grindeanu, a close ally of Ciolacu, who secured the position with 67 votes to […]
Anca Manitiu, Deputy CEO of Impetum Group - one of the biggest private equity managers in Romania - analyzes the recent trends and numbers in the European and regional private equity market. Europe's alternative investment fund market - funds investing in private companies, startups, and growth projects - is transforming. While capital previously flowed freely […]
Romania has overtaken Poland as the worst country in the EU for LGBTQ+ people, according to a ranking published by the Brussels-based non-governmental organization ILGA-Europe. Countries are placed in the organization’s annual "Rainbow Map" according to factors such as the number of hate crimes in a given year and the rights afforded by authorities to […]
Romanian national Stanislav Carpiuc, 26, from Romford, was charged with conspiracy to commit arson with intent to endanger life following the fires in north London. The Romanian was arrested on May 17 at London's Luton Airport and is due to appear at Westminster Magistrates' Court on Tuesday. He is the second man charged in relation […]
