The wide gauge railway in the Port of Galati was reopened on Thursday morning, the Minister of Transport and Infrastructure, Sorin Grindeanu announced on his Facebook page."The works carried out by Romanian Railways (CFR) Infrastructure started on June 6 and were completed almost a month earlier than the estimated deadline. From this moment, the freight trains coming from Ukraine, via the Republic of Moldova, can unload the cereals directly in the Port of Galati, without the need for transshipment at the border. The grain that will quickly reach the Port of Galati can be transferred more efficiently on barges or can be stored in the silo in the port, which has a capacity of 25,000 tons," the minister wrote.For the re-commissioning of this wide gauge railway line, CFR Infrastructure performed a series of specific works."The reopening of this wide gauge railway line, with a total length of 3.58 km, will have an important economic impact for the rail freight transport, both by increasing the traffic on the Romanian territory, but also on the grain transports from Ukraine, which will enter directly in the Port of Galati, on the border with the Republic of Moldova," say the company's representatives.
Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]
Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]
Romanian president Nicușor Dan said Russia will remain a security threat to Europe even if the war in Ukraine ends in a peace agreement. Speaking after the Eastern Flank Summit in Helsinki, he stressed that European countries must stay calm but strengthen their defense capabilities through increased investment and closer coordination within NATO and the […]
Harta Literară (The Literary Map), a project highlighting real-world places featured in fiction works, will expand next year from Bucharest to Braşov and Iaşi after receiving funding from Romania's National Culture Fund (AFCN). Bucharest was the first city covered by the map, with more than 300 documented places, and 600 highlighted connections to classic and […]
As global competition for university places continues to rise, families are increasingly seeking schools that not only deliver strong academics but also provide the networks, counselling, and preparation needed for the world’s most selective universities. Through its partnership with Dukes Education, Verita International School has become one of Romania’s strongest pathways to top global universities, […]
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
