The Galati Lower Danube River Administration (AFDJ) is constantly monitoring the low levels of late on the Romanian Danube sector.Thus, the Galati Lower Danube River Administration monitors are taking hydrographic measurements at critical points to identify areas with depths below 2.5 m.Currently, on the Danube sectors administered by AFDJ between Km 375 - Km 237, the depths are above 3.0m .On the Danube sector between Km 845 - Km 610, AFDJ will start dredging works with its own ships at the critical points Km 675 - Km 678 Bechet, Km 821 - Km 820 Salcia and Km 617 - Km 613 Calnovat.AFDJ issued as far back as July 31, 2024 its info no 91 informing all seafarers of the current hydrological situation with downward trends and asking them to correlate the loading drafts with the existing navigation conditions, while paying attention to the floating signals as well as the current limits of the channel."In case of strandings, the ships have to urgently notify the port captains, as well as the AFDJ for the urgent verification of the remaining depths in the sector, as well as the restoration of signalling in the area as a result of refloating," reads the info.So far, the RADOMIR convoy has reached the bottom in the area of the Salcia critical point, at the edge of the area, but still manages to break away and continue on its way.Also, the non-observance of the limit of the channel on Tuesday led to the CEMAL REIS ship ran out of the navigable channel on the Maritime Danube sector at Mm75. The ship was refloated with AFDJ's tugboat COVURLUI.
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
