The Galati Lower Danube River Administration (AFDJ) is constantly monitoring the low levels of late on the Romanian Danube sector.Thus, the Galati Lower Danube River Administration monitors are taking hydrographic measurements at critical points to identify areas with depths below 2.5 m.Currently, on the Danube sectors administered by AFDJ between Km 375 - Km 237, the depths are above 3.0m .On the Danube sector between Km 845 - Km 610, AFDJ will start dredging works with its own ships at the critical points Km 675 - Km 678 Bechet, Km 821 - Km 820 Salcia and Km 617 - Km 613 Calnovat.AFDJ issued as far back as July 31, 2024 its info no 91 informing all seafarers of the current hydrological situation with downward trends and asking them to correlate the loading drafts with the existing navigation conditions, while paying attention to the floating signals as well as the current limits of the channel."In case of strandings, the ships have to urgently notify the port captains, as well as the AFDJ for the urgent verification of the remaining depths in the sector, as well as the restoration of signalling in the area as a result of refloating," reads the info.So far, the RADOMIR convoy has reached the bottom in the area of the Salcia critical point, at the edge of the area, but still manages to break away and continue on its way.Also, the non-observance of the limit of the channel on Tuesday led to the CEMAL REIS ship ran out of the navigable channel on the Maritime Danube sector at Mm75. The ship was refloated with AFDJ's tugboat COVURLUI.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
