The volume of goods from the Port of Constan?a has increased significantly in the last three years, but the supply, import and export of products and raw materials are affected by the heavily degraded railway infrastructure and the lack of investments, the Competition Council warns. The lack of immediate measures could block the activity of the Port of Constan?a, the authority says. Thus, the volume of goods from the Port of Constan?a having origin or destination Republic of Moldova and Ukraine has increased by 823% and 144%, respectively, in the last three years, according to a study conducted by the National Railway Supervisory Council (CNSDF) and the Council of Naval Surveillance (CSDN), within the Competition Council. Wood (+ 99%), equipment and machinery (+ 92%) and oilseeds (+ 81%) recorded the largest increases between January 2021 – March 2022, in transit through the Port of Constan?a. At the opposite pole are non-ferrous ores, food and feed and iron ores. Freight traffic in the Port of Constanta is, however, affected by the degraded and undersized railway infrastructure, the number of speed restrictions as well as the length of the degraded railway lines, managed by CFR SA, which has grown steadily in recent years. Moreover, between January 2019 and March 2022, no amounts were allocated for repairs and maintenance. The Competition Council recommends increasing the financial allocations from the national budget for the repair and maintenance works of the railway lines within the Port of Constan?a. At the same time, the Council argues that it is necessary to modernize the railway lines in the area, including the electrification of the railway infrastructure in the port, taking into account the investment projects and development plans of port operators, which will increase the capacity to take over goods from the port. and will contribute to the development of multimodal transport and to the increase of the volumes of freight traffic by rail. This is part of the European Commission’s strategy, which estimates that rail freight traffic will increase by 50% by 2030 and double by 2050 compared to 2015. The development of an LNG terminal would be an investment of strategic importance for Romania given that there is no LNG terminal on the west coast of the Black Sea, while a specialized barge terminal would allow the safe berthing of over 200 barges simultaneously. and would significantly increase trade in cereals, fertilizers, oilseeds and solid mineral fuels.
During a meeting on Monday, May 12, the Cluj-Napoca Local Council approved a draft resolution that imposes smoking restrictions in several public spaces in the city, including public transport stations, parks, and sports facilities. The resolution was adopted with 22 votes in favor and 3 abstentions, and will come into effect 90 days from the […]
An internal survey by Romanian Business Leaders, which does not have national representativeness but was answered by 417 entrepreneurs, shows that 62% of entrepreneurs expect to have to make layoffs, while a third expect the number of employees to remain the same. The expected layoffs are directly connected to the possibility of Romania choosing a […]
Romanian Istvan Kovacs will be the main referee for the UEFA Champions League final between Paris St-Germain and Inter Milan, which will be played on May 31 in Munich. The match will be Kovacs’ third European final in the last 4 years. The 40-year-old referee has previously officiated the UEFA Europa Conference League final in […]
Over 70 museums across Romania will open their doors after hours for the 21st edition of Night of Museums, one of the country's most anticipated cultural events. Held on the night of May 17, the event offers visitors a unique opportunity to explore exhibitions, installations, and creative activities in an unconventional, late-night setting. From major […]
Interim president Ilie Bolojan decorated Romanian star handball player Cristina Neagu with the Order "Faithful Service in the rank of Knight" during a ceremony on Monday, May 12. During the service, the official noted that Neagu gave Romanians many moments in which to feel proud. He also said that the athlete’s character, discipline, and courage, […]
The Praid Salt Mine, in central Romania, is still closed to tourists due to the flooding that took place following last week’s rains. Salt extraction activities are also halted due to the risk of collapse, while efforts are underway to remove the water accumulations. The management announced last week that the salt mine is temporarily […]
