The aim of these agreements is to improve the transport links between the Republic of Moldova and Romania along the Trans-European Transport Network (TEN-T). The projects will modernise the transport infrastructure at the border crossing points Ungheni, Albita-Leuseni and Reni-Giurgiulesti-Galati. These investments will strengthen the EU-Ukraine solidarity lanes – the routes that are being used, since Russia’s blockade of Ukrainian ports on the Black Sea, to transport goods exported and imported by Ukraine and the Republic of Moldova. Transport Commissioner Adina Valean said: “Thanks to the close cooperation between Romania and the Republic of Moldova, we can start today the implementation phase of three very important projects that will significantly increase capacity and facilitate traffic flows along the border between Romania and the Republic of Moldova. It is important that these projects are implemented quickly, as they will bring the Republic of Moldova, a candidate country, closer to the European Union, giving its citizens and businesses easier and faster access to our internal market.” On the Romanian side, 18 km of road will be upgraded to improve customs services at the Ungheni border crossing point. The Republic of Moldova will build a new access road and a new border crossing point. The existing infrastructure on both sides of the Albita-Leuseni border crossing point will be upgraded to improve the management of traffic flows. The final project will expand the parking spaces in Giurgiulesti and will purchase equipment necessary for customs control. Transport links between the EU and the Republic of Moldova were discussed during yesterday’s meeting between Commissioner Valean and Prime Minister of the Republic of Moldova Dorin Recean. In addition, a new call for proposals under CEF Transport has just been launched, which will make more than EUR 7 billion available for rail, road, inland waterway and maritime or inland ports infrastructure projects. For the first time, Moldovan entities can apply directly to apply for EU funding under this call, following the signing of the CEF Association Agreement earlier this year.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
