Prime Minister Nicolae-Ionel Ciuca and the European commissioner for transports, Adina Valean, have agreed on a tight cooperation for facilitating freight transport from Ukraine and the Republic of Moldova, the Government informs, through a press release sent on Monday.Prime Minister Nicolae Ciuca met with Adina Valean on Monday, at Victoria Palace, the topic of discussions being developing Romanian transport infrastructure, namely the impact of the Ukrainian crisis. "The two officials agreed on a tight cooperation for facilitating freight transport from Ukraine and the Republic of Moldova, by using road, railway and port infrastructure in order to conduct cereal export form Ukraine, in accordance with existing contracts, given their importance, including from the perspective of food security of third states, such as the ones from Africa. During the exchange of opinions, the importance of consolidating transport infrastructure was highlighted, in the event of a major crisis, given the significant contribution of this sector to an accelerated recovery of the economy," the quoted source specifies."Prime Minister Ciuca showed that the current circumstances need a larger flexibility in applying rules that can affect transporters. Referring to the implications of the Fit for 55 European legislative package for the area of transportation, the Romanian Prime Minister highlighted that reaching objectives of decarbonating in the area of transportation is a complex task in a sector affected by multiple crisis which can increase in order to have the capacity of financing ecological transition," the Government press release reads.The PM highlighted the authorities and civil society's support in ensuring free transport services for refugees. European commissioner Valean showed that all of Romania's efforts are "noticed and appreciated in Brussels," the Government mentions.
Rosavis Prod, a business founded in 2007 by the Vica and Constantin Mihăilă family in northeastern Romania at Roşieşti, Vaslui County, which raises 2 million chickens annually, is investing EUR 10.8 million in a feed factory, Ziarul Financiar reported. Out of this, EUR 6.5 million will come...
Telecommunications operator Digi Communications (stock symbol DIGI) has hired investment bank Rothschild to evaluate a possible listing on the Madrid stock exchange of its Spanish business, the publication Expansión wrote on September 12, citing anonymous market sources, according to Ziarul Financiar. ...
Romania’s current account (CA) deficit in rolling 12 months has narrowed for the second consecutive month to EUR 32.12 billion in July, according to the data published by the National Bank of Romania (BNR). The 12-month rolling CA gap has thus narrowed by EUR 0.5 billion from June, after it previously contracted by EUR 1.4 […]
Romania's minister of finance, Alexandru Nazare, has been on a working visit to Washington, DC, from September 11 to 13 to strengthen economic and financial dialogue with American partners and attract new investors in key sectors for Romania, such as energy, infrastructure, and technology, the Ministry of Finance announced. The agenda of the visit included […]
The minister of investments and European projects, Dragoș Pîslaru, announced on the evening of Friday, September 12, that Romania has officially submitted the renegotiated National Recovery and Resilience Plan (PNRR) to the European Commission, after which the formal approval by the Commission and then the decision of the ECOFIN Council will follow. Romania has currently […]
The main risk for Romania's macroeconomic balances rests in the budgetary area and are related to the commitment for full implementation of the first and second packages this year and in 2026 – but even under the best case scenario, the measures legislated so far would not bring the general government deficit lower than 6% […]
