The Government of Romania has given its approval for an important infrastructure project aimed at enhancing the southern sector of Constanta Port on the Black Sea. This decision was made following a proposal by the Ministry of Transport to develop new terminals, access roads and utilities in the region. According to Transport Minister Sorin Grindeanu, the project is estimated to cost a total of around €1.12 billion ($1.22 billion). “The project will facilitate the operation of large-capacity ships at the approximately 17 newly created berths on Pier III South and Pier IV South due to the large water depths in the area of the newly built quays,” said Grindeanu. “Achieving the investment objective will thus lead to an increase in the capacity of maritime transport of goods and, implicitly, to an increase in the volume of commercial exchanges.” Earlier this year, the Government approved a decision to allocate over $200 million for the Constanta Port dredging program. This dredging scheme is set to to bring the basins and navigable channels in the port to the projected level, ensuring optimal conditions for maritime activities.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
