Romania now has an extremely important role for the cargo flow to and from Ukraine and or the Republic of Moldova, and implicitly for the economy of the two countries, the Minister of Transport, Sorin Grindeanu, wrote on his Facebook page.According to the official, since the start of the Russian invasion in Ukraine, the Romanian infrastructure, port, rail, road or air, offers vital transport ways for the transit of goods and necessary raw materials."During today's videoconference with Adina Valean, the European commissioner for Transport, the deputy Minister of Infrastructure from Ukraine, Mustafa Nayyem, as well as my counterpart from the Republic of Moldova, Andrei Spinu, we discussed about the solutions that Romania is offering in these moments. I highlighted Romania's involvement through constantly supplementation of the rail cargo transport and ensuring the transposition and the transshipment of wagons, as well as their continuous and priority movement," Grindeanu specified.He added that by liberalizing road cargo transport for the Republic of Moldova and Ukraine for all freight categories (direct, transit, third party) "represents another option that we are offering".According to the Minister of Transport, increasing operating capacity of the Port of Constanta represents a major support for the flows of cargo coming from Ukraine, through the Republic of Moldova, on the Siret-Constanta corridor, while the ships under Ukrainian flag are benefiting from quick access in Romanian ports and are exempt from paying port service tariffs.He specified that the goods with Ukraine destination, especially containers, are received and downloaded in our ports, and for their transfer there is a line of containers on the Constanta-Giurgiulesti (Republic of Moldova) relation."We will implement an interactive map on Romania's territory, intended for freight transport. We are coordinating our efforts at an European level and we support the proposal of authorization from the European Commission of negotiating road transport agreements between EU-Ukraine and EU-Republic of Moldova throughout the crisis period. We pronounced ourselves for inclusion in the TEN-T Baltic Sea - Black Sea - Aegean Sea corridor of TEN-T road and railway sections, in Romania, which ensures the connection between Ukraine and the Republic of Moldova: - on the North-South axis: Suceava - Pascani - Bacau - Buzau - Ploiesti - Bucharest, which needs to be connected with the port of Constanta; on the East-West axis: Pascani - Iasi - Ungheni," the Transport minister also said.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
