GASC from Egypt bought 240,000 tons of wheat from France, Romania and Russia on Wednesday, with delivery term between 21 and 31 December, according to Reuters. GASC vice-president Mamdouh Abdel Fattah, said that French wheat represented half of the wheat quantity bought at the auction organized on Wednesday, to which they added 60,000 tons from Romania and 60,000 from Russia. GASC bought wheat at the price of 205.94 dollars per ton, C&F. It is for the second time over a month when Egypt prefers to buy a large quantity of wheat from France and other countries. On October 30, Egypt bought 120,000 tons of wheat from France and 60,000 tons from Romania and the same quantity from Poland. In November euro depreciated against the dollar which increased the attractiveness of French wheat. GASC is responsible for strategic wheat purchases on behalf of the Egyptian state, the largest world importer of wheat. Since the beginning of the fiscal year 2015/2016, Egypt has bought about 2.6 million tons of wheat, the main supplier being Russia and Romania.
While half of Romanian households manage to save money each month, 57% of these savings are kept in cash, according to the 2024 Debt Barometer, a study conducted by IRES in partnership with KRUK Romania. The research looks at financial habits, spending priorities, and debt payments, highlighting a pressing need for economic education and tailored […]
Romania’s national football team defeated Cyprus, 4-1 (2-0), on Monday, November 18, and consolidated its position as leader in Group C2 of the Nations League. The match began in Bucharest’s National Arena, and Romania scored immediately through forward Daniel Bîrligea. Cyprus responded with their own attacks but Romania scored again right before halftime. Back on […]
In an official statement marking 1,000 days since Russia began its full-scale invasion of Ukraine, US ambassador to Bucharest Kathleen Kavalec said the United States and Romania "stand together to counter the threats posed by Russia in Ukraine and in Europe" and thanked Romania for its support for Ukraine and its citizens. "Romania has shown […]
Radiology and dental tomography network DigiRay has acquired the three Maraffka clinics in Ploiești, a city 60 km north of Bucharest. This is DigiRay's third acquisition after buying the Dental Scan centers in Bucharest in 2021 and YTS Dental View in Oradea, in northern Romania, this year. DigiRay (Clinică Dentară S.A) was founded in 2011 […]
BeeFast, the Romanian tech startup specializing in instant delivery management solutions, announces securing a USD 450,000 investment. The funds will be used to accelerate BeeFast's international expansion and further develop its SaaS (software as a service) platform, which is revolutionizing the way companies manage their ultra-fast delivery fleets. Amid a consistent and organic increase in […]
A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...
