Constanta port will equip an additional berth for Ukrainian cereals, according to a message posted by Ukrainian Danube Shipping Company (UDP) in its Telegram account, Interfax informs. “Our Romanian colleagues announced the completion of the tender for equipping the berth on the occasion of a trilateral meeting,” UDP informs. The Ukrainian company pointed out that in 2023 it was one of the project initiators, as Constanta port terminals did not have enough capacities to manage the traffic of cereals coming from Ukraine. Last year there were “up to 600 berths loaded with cereals in port which were waiting up to 30-40 days to be unloaded,”UDP informed. Now, most exports of Ukrainian farm produce returned to Odesa ports, but the Danube route remains an important one, but the new berth will not remain unused,” UDP pointed out. The Ukrainian company intends to send up to 200,000- 250,000 tons per month to Constanta port. “We are offering complete services, river transport plus transfer from one ship to another in Constanta port. If the main export route from Ukraine returns to the Danube, the berth will become a salvation line which will significantly increase the overall capacity of our logistic model,” UDP mentioned. Constanta port established in 2023 a new record about cereal exports, due to the increase of cereal deliveries from Ukraine, as well as to projects meant to improve infrastructure financed by EU. According to port authority representatives, Constanta port sent a record quantity of 36 million tons of cereals last year, on the rise by 50% against 2022. Ukrainian cereals were responsible for about 40% of the total volume.
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
