The Ukrainian prime minister, Denys Shmyhal, appreciated, on Wednesday, the support his country received from Romania, through which 70% of the grain exported by Ukraine currently passes."We appreciate the measures taken by Romania regarding financial aspects, sanctions. Cooperation on the logistics side is particularly important, we provide a transport corridor for the export of Ukraine. Currently, 70% of our grains are exported through Romania. Thus, Ukraine continues to be a guarantor of global food security," said the Ukrainian premier, in a video message sent to the participants of the international conference "Reconstruction of Ukraine and the strategic role of Romania", organized in central Sinaia."We have hopes for Romania's participation in the reconstruction of Ukraine's economy and infrastructure. (...) Since the beginning of Russia's large-scale invasion, Ukraine has suffered unprecedented damage. Millions of people have fled abroad or moved to countryside. The enemy destroyed or damaged more than 257,000 targets (schools, hospitals and residential buildings). Possibly 30% of our territory is mined. The attacks (...) damaged 50% of the electricity network. (...) These shocking numbers could continue indefinitely. What is important is that behind every number there are people's lives, their fate and future. Therefore, everything that was destroyed must be restored. The reconstruction of Ukraine is our main priority," added the Ukrainian prime minister.The official said that there are several sectoral priorities in the reconstruction process, starting with energy, followed by the production of military equipment, agriculture, natural resources, infrastructure and digital technologies."I request the Romanian business community to invest in the economy of Ukraine, because this way capital can be increased and ambitious projects can be implemented," said Denys Shmyhal.
Profluo, a startup that automates a company's financial processes using AI, has attracted investment from corporate venture capital fund BCR Seed Starter, Inspire Capital, and other investors in a EUR 850,000 funding round. BCR Seed Starter, which led the round, invested EUR 500,000 in Profluo. The funding will support the company's plans to scale its […]
The Romanian film “Catane,” signed by Ioana Mischie, will have its world premiere at the International Film Festival of India, held annually in Goa. This year's edition is scheduled between November 20 and 28. The Romanian-Italian comedy stars Costel Caşcaval, Iulia Lumânăre, and Cristian Bota. The first screening of the film is scheduled for November 24. […]
CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
The European Commission announced earlier this week that it has selected four electrification projects developed by Romanian companies to receive funding of EUR 29.33 million from the Connecting Europe Facility fund. The CEF funding round involves a total of over EUR 600 million in EU grants, which will support...
Romania has won the international competition for a judge position at the UN Dispute Tribunal (or UNDT), with judge Adina Elvira-Ghiţă set to take over a seven-year term, according to the Ministry of Foreign Affairs (MAE). Romania secured 109 votes in the UN General Assembly during the international competition for filling a judge position at […]
