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.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
