Tag: shipment

  • Grain transshipment terminal is inaugurated in Suceava

    Grain transshipment terminal is inaugurated in Suceava

    The biggest grain transshipment terminal in Europe was inaugurated at the end of last week in north-eastern Romania, in Dorneşti, in the presence of Romanian and Ukrainian officials. Built as a public-private partnership project, the new terminal cost around 10 million euros. It was financed by Grampet Group, the largest railway group with Romanian capital in south-eastern Europe. Opening this terminal will solve an important problem in Suceava county, making road travel more fluid near the border with Ukraine. 240,000 tonnes of grain can be transshipped every month, and eight train carriages can be loaded and unloaded at the same time in a 128 m station.

    Owing to this transshipment capacity and all the other high-level technical and technological solutions provided, the terminal in Dorneşti will become a strategic hub for the fluidity of grain traffic from the border with Ukraine to the Romanian port of Constanţa, in the south-east. With the harvesting of grain due to start in Ukraine and the grain carriages to be transshipped to the Black Sea, the inauguration of the terminal is important for Romania. The grain will be mostly transported by rail, which will make road travel more fluid in Romania. At the same time, the Suceava authorities believe the investment is also a sign of partnership and solidarity with Ukraine and welcome in terms of transport security.

    Romania’s general consul in Cernăuţi, Irina Stănculescu, says the inauguration of the transshipment terminal in Suceava county is one more proof that Romania’s support for the Ukrainian state and people and the Ukrainian economy remains solid, consistent and a commitment from the authorities, civil society and the private environment. On behalf of Romanian foreign minister Luminiţa Odobescu, the general consul emphasised that Romania has stood by Ukraine from the first day of the war of aggression started by Russia and will continue to stand by Ukraine for as long as necessary, including during the reconstruction process.

    The Romanian diplomat added that the public or private initiatives to expand the cross-border infrastructure with Ukraine are in response not only to economic, but also political and strategic imperatives, with Romania thus contributing to Ukraine’s integration in effect into the European single market. “Through the investments and efforts made by Romania, on its own behalf or with the support of international partners, the transit of around 37 million tonnes of Ukrainian agricultural products has been ensured since the start of the war of aggression”, Romania’s general consul in Cernăuţi also recalled.

  • September 12, 2022 UPDATE

    September 12, 2022 UPDATE

    AGREEMENT Romania and France signed a
    transport agreement in Paris on Monday pledging to support the shipment of Ukrainian
    grain to the countries needing it. The Romanian authorities have announced they
    will cooperate with their French counterparts to draw up a medium-term strategy
    for the corridors making the connection between Romania and Ukraine, including
    those through the ex-soviet, Romanian-speaking Republic of Moldova. The
    agreement with Romania will allow Ukraine to ship more grain to Europe and the developing
    countries, particularly in the Mediterranean, which are facing food shortages,
    the French Transport Minister Clement Beaune said. According to the French
    official, more than a third of the exported grain goes to developing countries.








    INFLATION Romania’s annual inflation rate went up to 15.32% in August
    from 14.96% in July. According to data published by the National Statistics
    Institute on Monday, foodstuffs prices went up by 18.22%, while those for
    non-food products also went up by 15.98%. Prices for services increased by
    8.26%. The Central Bank has increased its inflation forecast for 2022 to 13.9%,
    estimating an inflation rate of 7.5% for 2023. The Central Bank expects the
    deflation trend to temporarily stop in the second quarter of 2023, once the
    current state-aid schemes targeting the energy sector end. The Central Bank
    expects an inflation rate of 2.3% for June 2024.










    QUEEN King Charles III on Monday said that
    Parliament is the living and breathing instrument of our democracy. In his
    first speech before the two houses of the Legislature at Westminster Hall, King
    Charles said Queen Elizabeth II ‘set an example of selfless duty’ pledging to
    follow her example of commitment to a constitutional government. The coffin of
    Her Majesty, Elisabeth II, was taken from the Palace of Holyroodhouse in
    Edinburgh to St. Giles Cathedral with a procession attended by Charles and
    royal family members. The coffin will be flown to London on Tuesday and taken
    to Buckingham Palace before being moved to the Palace of Westminster the next
    day, where the queen will lie in state until her funeral on September 19.






    ENERGY The European Commission is this week
    expected to present the set of proposals agreed upon in Friday’s meeting of EU
    Energy Ministers, designed to combat the energy crisis. The package might
    include a cap on energy prices and taxing the excess profits of fossil fuel
    companies and redistributing the revenues to state-aid schemes. Romania’s
    Energy Minister, Virgil Popescu, says Romania supports a balanced approach
    towards all Member States. Capping natural gas prices at community level would
    significantly curb volatility on the EU energy market, the Romanian official
    said.


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