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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
