The European Commission welcomes the signing of the Memorandum of Understanding between the Government of Romania and the Government of Ukraine which will further contribute to increasing the capacity of the solidarity corridors, especially considering the damage suffered by the transport infrastructure in Ukraine following the aggression by Russia, reads a European Commission's release.Romania has an essential role in the functioning of the solidarity corridors and collaborates constructively with all the parties involved, including through the EU-Ukraine Solidarity Corridors Joint Coordination Platform. The Commission encourages this close cooperation between EU Member States and Ukraine.The Commission continues to support the implementation of the EU-Ukraine solidarity corridors and the Ukrainian action plan on the export of Ukrainian grains, in particular by facilitating cross-border links and transport operations.The improvement of the border crossing between Ukraine and Romania, foreseen by this memorandum, will not only serve Ukraine's immediate import and export needs, but will anchor it firmly in the EU transport space. Funding is already available from the EU budget, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), while the upcoming Ukraine Facility will further contribute to the reconstruction and development of Ukraine's transport infrastructure and its connections with the EU.Prime Minister Marcel Ciolacu and his Ukrainian counterpart, Denys Shmyhal, signed on Wednesday, at the end of the joint meeting of the executives of the two countries, held in Kyiv, a memorandum on "ensuring the safe transit of Ukrainian products and a strategy on the development of border crossing points Ukraine - Romania and related road infrastructure".
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The Party of European Socialists (PES) and the Socialists and Democrats group in the European Parliament (S&D) stated on May 12 their firm position...
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
Romanian lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, has entered into a collaboration with Arrow Electronics and NXP Semiconductors to launch a next-generation battery energy storage system - BESS platform, according to
