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.
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, […]
