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.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
