The European Commission welcomes the signing of the Memorandum of Understanding between the Government of Romania and the Government of Ukraine which will further contribute to increasing the capacity of the solidarity corridors, especially considering the damage suffered by the transport infrastructure in Ukraine following the aggression by Russia, reads a European Commission's release.Romania has an essential role in the functioning of the solidarity corridors and collaborates constructively with all the parties involved, including through the EU-Ukraine Solidarity Corridors Joint Coordination Platform. The Commission encourages this close cooperation between EU Member States and Ukraine.The Commission continues to support the implementation of the EU-Ukraine solidarity corridors and the Ukrainian action plan on the export of Ukrainian grains, in particular by facilitating cross-border links and transport operations.The improvement of the border crossing between Ukraine and Romania, foreseen by this memorandum, will not only serve Ukraine's immediate import and export needs, but will anchor it firmly in the EU transport space. Funding is already available from the EU budget, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), while the upcoming Ukraine Facility will further contribute to the reconstruction and development of Ukraine's transport infrastructure and its connections with the EU.Prime Minister Marcel Ciolacu and his Ukrainian counterpart, Denys Shmyhal, signed on Wednesday, at the end of the joint meeting of the executives of the two countries, held in Kyiv, a memorandum on "ensuring the safe transit of Ukrainian products and a strategy on the development of border crossing points Ukraine - Romania and related road infrastructure".
Roberta Metsola, president of the European Parliament, has been named the 2025 laureate of the Timișoara Award for European Values, an honor established by the Municipality of Timișoara, western Romania. She will receive the award during a gala ceremony on May 22. The jury, composed of prominent Romanian professionals from various fields, recognized Metsola for […]
Romania’s interim president, Ilie Bolojan, delivered a message on Tuesday, April 22, to mark World Earth Day, emphasizing the importance of environmental care for both current and future generations. He stressed that a clean environment is essential for quality of life, public health, and the sustainable...
The leader of the Romanian reformist party USR, Elena Lasconi, a presidential candidate for the May 4 ballot with ambiguous support from her own colleagues, announced imminent thorough reforming of her party, apparently involving the replacement of the top leadership that withdrew her support recently. However, the odds for her to conduct the reforms are […]
Hungarian company Alpin Szig es Szerkezet Epitoipari, through its wholly-owned Romanian subsidiary Mineral Insulation, announced that a mineral wool factory with an annual capacity of 30,000 tons will be built in Miercurea-Ciuc, central Romania, upon a project involving EUR 20 million investments, announced the mayor of the town, Korodi Attila, and Orban Zoltan, on the side […]
The Municipality of Bucharest (PMB) completed the issuance and placement of bonds with a total nominal value of RON 555.1 million (EUR 111 million), PMB announced in a note to investors at the Bucharest Stock Exchange, where the bonds will be listed. The issue was heavily oversubscribed, with banks placing orders for 190% of the […]
Restart Energy One, a Romanian provider of renewable energy solutions with two bond issues listed at the Bucharest Exchange, announced in a note to investors that it is entering into a preventive arrangement to avoid insolvency. Its bonds were recently temporarily suspended from trading amid an investigation conducted by prosecutors involving the company's founder,
