11.14.2024

The board of directors of Banca Transilvania, Romania’s largest lending institution, has convened the Extraordinary General Meeting of Shareholders for December 18th, a date when they will vote on more

03.07.2024

The shareholders of Credit Europe Bank Romania will convene in extraordinary general meeting towards the end of March 2024 to discuss “the approval in principle of the initiation and participation more

07.03.2020

Building materials manufacturer TeraPlast Bistrita (TRP.RO) on Friday informed its shareholders about the completion of the proceedings of merger by absorption between its subsidiaries TeraPlast more

01.23.2018

European Funds Ministry has finally published statistics about the absorption of EU funds in 2014-2020 showing that four years after the start the multi-annual planning period, Romania got more

09.05.2016

Romania’s EU fund absorption rate is expected to reach 81-82% at the end of 2007 – 2013 financial framework, but it may rise further considering that the program increasing economic more

08.22.2016

Romania’s European Funds absorption rate for the 2007 – 2013 program rose to 76.69%, versus 58.67% in November 2015, according to EU Funds Minister Cristian Ghinea. more

12.10.2015

Romania’s European Funds absorption rate for the 2007 – 2013 program currently stands at 60%, EU Funds Minister Aura Raducu said Thursday, adding she is hoping the rate will reach 70%. more

09.02.2015

Romania’s European Union fund absorption rate is expected to reach nearly 70% at the end of 2015, EU funds Minister Marius Nica said Wednesday, adding the rate is likely to reach 75-78%, based on more

07.09.2015

Romania’s European Union fund absorption rate sets at only 51% in June, six months before the end of the reference period 2007 – 2013. This is the lowest absorption rate among European Union more

01.08.2015

Romania’s EU fund absorption rate for financial framework 2007-2013 will be at 80%, while in the first year of implementation for 2014-2020 framework, the absorption rate is estimated at 10%, EU more

12.22.2014

Romania will end 2014 with an absorption rate of 58.55%, meaning EUR1.128 billion, through the EU-funded operational program for Transport, higher by EUR100 million than the forecasted target of more

11.06.2014

Romania’s absorption rate on European structural and cohesion funds reached 43.58% at the end of October 2014, from 38.46% a month before, according to the Ministry of European Funds. more

10.22.2014

Romania will end the current 2007-2013 multiannual financial framework in 2015 with an absorption rate of European Union funds of at least 80%, which translates into EUR19.2 billion, EU Fund Minister more

05.06.2014

Romania’s absorption rate on European structural and cohesion funds reached 34.27% at the end of April 2014, just a tad up from 34.25% in March, according to the Ministry of European Funds. more

03.21.2014

Romania could absorb this year more Eu funds than in all previous years combined, of EUR6 billion, and reach and absorption rate of around 60% in 2014 and 80% in 2015, said Marius Radu, EU fund more

03.12.2014

Romania used less than one third of the EUR4.4 billion EU funds made available via the EU-funded SOP-T (Sectoral Operational Program - Transport) program for the 2007-2013 program. Another EUR3 more

02.06.2014

Romania’s absorption rate on European structural and cohesion funds reached 33.63% at the end of January 2014, up 0.16% from 33.47% in December, according to the Ministry of European Funds. more

01.22.2014

A total of 2.8 billion euros drew Romania last year from the European Union in non-reimbursable funds, just half the yearly target, but enough to keep the leu in check and repay some of the foreign more

12.17.2013

Romania’s absorption rate of European non-reimbursable funds through the 2007-2013 Transport Sector Operational Program (POS T) has reached 30.8% and the remaining funds can be attracted by the end more

12.09.2013

Romania’s European fund absorption rate reached 25.96% at the end of November, up 1.4 percentage points on the month, according to the Ministry for European Funds. more

11.18.2013

Romania’s absorption rate of European non-reimbursable funds through the 2007-2013 Transport Sector Operational Program (POS T) has reached 20.7% and the remaining funds can be attracted by the end more

11.12.2013

Romania’s absorption rate on EU structural and cohesion funds reached 24.56% in October, up 3.39 percentage points from 21.17% in September, according to the Ministry of European Funds. more

10.24.2013

Romania has attracted some EUR2.4 billion by October 22 in European structural and cohesion funds, the European Funds Ministry said in a press release Thursday. more

10.14.2013

Lack of technical skills and decision-making ability are the main obstacles Romania and Bulgaria encounter in preparing projects eligible for European financing, according to a report by international more

10.03.2013

Romania’s absorption rate for EU structural and cohesion funds reached 23.77% in September, from 21.89% in August, translating into a 1.88% month-to-month growth, the European Funds Ministry said more