Two million tons of grains from Ukraine can be ferried on the Danube and through the port of Constanta this year, German Foreign Minister Annalena Baerbock said in a joint press conference with his Romanian counterpart, Bogdan Aurescu, in Bucharest on Friday."Your commitment is of great importance to our joint effort to unblock grain exports from Ukraine. 18 million tons of grains are in Ukraine, 18 million tons of grains that people in Africa and Asia are waiting for. Each day counts here, because parents ask themselves every evening what they can feed their children," she said, according to the official translation.The head of diplomacy in Berlin spoke about the negotiations between Russia and Ukraine on the transport of blocked grain in the conflict zone."We hear from the UN and Turkey some early signs of hope that the Odessa maritime transport could be reopened. But it is too early to breathe a sigh of relief, because only after the first ship leaves the port of Odessa will we realize whether the promises are credible and will be sustainable and if they have hope. It would be irresponsible in these times not to work in parallel on alternatives, and we have done this together and I am grateful for that," Baerbock said.She noted that "every tonne of grain in Ukraine counts." "On the Danube, two million tons of wheat from Ukraine can pass through the port of Constanta this year. It is not the total quantity, but it is an important part, because every ton counts. Two million tons of grains could be good for a country. Pakistan can feed its 16 million people. Every effort counts and it is worth it," the German minister added.On Friday evening, Baerbock was in Constanta to discuss with representatives of German companies working in construction and railway infrastructure there."In June, we managed to transport 2.5 million tons from Ukraine, about half of the quantity exported in previous years," the minister explained.
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
