Thursday the European Commission, together with Ukraine, Moldova, Romania and the US are inaugurating the renewed Ukrainian-Moldovan border crossing point in Reni, Ukraine. As part of the Solidarity Lanes initiative, the Commission supported works on this border crossing point to allow for smoother traffic flow through the border as well as better connectivity between Ukraine, Moldova and Romania. Joint Ukrainian-Moldovan border controls will speed up border crossings in both directions, allowing goods transported by road to reach their destination faster. Additionally, the EU has earmarked up to €11 million for further substantial renovation and potential expansion of the border crossing point as well as for the development of other priority border infrastructure. The inauguration takes place in the context of regular talks between the EU, Ukraine, Moldova, Romania, and the US on further increasing the efficiency of the Danube corridor for current and future needs. Adina Valean, Commissioner for Transport, said: “Since the establishment of the Solidarity Lanes in May 2022, the Danube corridor has been an excellent example of the close cooperation between Ukraine, Moldova and Romania – the largest share of goods exiting and entering Ukraine have used this corridor for the past two years, with logistics costs comparable to the Black Sea route. With our support, today's inauguration of the enhanced border crossing between Ukraine and Moldova in Reni will further reduce the waiting times at the border, and thus increase the attractiveness of this route.” To date, the Solidarity Lanes have allowed Ukraine to export more than 136 million tonnes of goods, including for example grain, ores, and steel, and to import more than 52 million tonnes of goods it needs. The Solidarity Lanes have generated some €50 billion of income for Ukraine's economy and allowed for imports into Ukraine of goods worth some €107 billion from the EU.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
