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.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
