The Chamber of Deputies on Wednesday adopted a draft law ratifying the Agreement between the Governments of Romania and the Republic of Moldova regarding the coordinated control on Romanian territory at the Galati (Romania) - Giurgiulesti (Republic of Moldova) road state border crossing point, on the way into our country.There were 293 votes cast in favour of the draft, 2 against and one abstention.The agreement was signed on November 20, 2024, in Bucharest.The normative act aims to facilitate the transit of persons and speed up the movement of goods, as part of the process of integrating the Republic of Moldova into the European Union and also as part of the support provided to the Ukrainian economy, seriously affected by the war, in cooperation with the European Union and the United States of America, the Defence Committee report states.According to the same source, the Agreement provides for the implementation of coordinated control at the Galati - Giurgiulesti crossing point, establishing the bilateral legal framework, the way of organizing the control, the responsibilities of the staff involved, the protection of personal data, the implementation procedures.This agreement applies for a period of 12 months starting from the date on which the coordinated control becomes operational. Any extension of the validity of the Agreement for new periods of 12 months is decided by agreement of the parties, based on the joint evaluation of the results of the control system, the extension being carried out through diplomatic channels.The Chamber of Deputies is the first to be notified, and the Senate is the decision-making body in this case.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
