Prime Minister Nicolae Ciuca said on Wednesday that Romania and Bulgaria are considering a program to capitalize on the Danube, a river that, in his opinion, is of strategic importance in the transport of goods and people.In a TV show, Ciuca said that talks had already taken place with the Bulgarian prime minister, even before the start of the conflict in Ukraine, in order to make the Danube accessible to transport of goods all year round."We have looked at the possibility of finding a solution for dredging the Danube, so that there is the possibility of ensuring river traffic throughout the year, 365 days, because in summer, when the level of the Danube decreases, there are those thresholds formed that hinder the traffic of barges. (...) It is the easiest, the cheapest way of transporting goods and it is also the most convenient, because this incompatibility between the railroad from Romania and that from Ukraine and Moldova is avoided, and the Danube, beyond this situation, is a river that, as I said, has a strategic relevance in ensuring the transport of goods and not only, including passengers, tourists," the prime minister said.He added that the Fast Danube program exists at the level of the European Union and talks have already been held with the European Commissioner for Transport, Adina Valean."On Friday, the Bulgarian prime minister will be in Bucharest and we will discuss the details so that we can use European money for this purpose. It will be a project that will not only benefit Romania, but it will be a project through which we can, for example, to go from Galati to Bremerhaven," concluded Nicolae Ciuca.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
