The government has initiated steps to acquire the stake held by the EBRD in operator of the Republic of Moldova's Giurgiulesti International Free Port Danube Logistics SRL."I want to particularly mention a memorandum adopted today by the government: the approval of the initiation of negotiations with the European Bank for Reconstruction and Development - EBRD, for the purchase by the Romanian state, through National Company Constanta Maritime Ports Administration, a trading company under the authority of the Ministry of Transport and Infrastructure, of the Danube Logistics SRL stake held by the EBRD," government spokesman Mihai Constantin said at the Victoria Palace on Wednesday.He also mentioned that a negotiation commission will be created to deal with this matter, which will include representatives of the Foreign Affairs Ministry, the Transport Ministry, and the Finance Ministry, tasked with opening negotiations with the European Development Bank for the acquisition of these shares so that the Romanian state acquires majority control over the Giurgiulesti Port, through National Company Constanta Maritime Ports Administration.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
