05.22.2024

Intesa Sanpaolo Bank, the Romanian subsidiary of Intesa Sanpaolo Group, has been selected by the Bucharest City Hall in an auction for the contracting a RON150 million loan to be used for the more

02.20.2024

Bozankaya, a Turkish-held public transport vehicle producer, has gained a project within a tender organized by Iasi City Hall via which it will deliver the municipality 18 trams with a length of more

02.07.2024

The Local Development Agency, a public company having the city of Oradea as majority shareholder, attracted total investments of EUR28.3 million in 2023, which will create 10,200 jobs until 2028, as more

01.03.2024

Boozankaya, a Turkish public transport vehicle producer, has sealed a contract with Timisoara city hall for the delivery of 17 trams around 30 meter long and with a total transport capacity of around more

10.26.2023

The Sibiu City Hall has bought for EUR5.2 million the land and buildings of the city's Fabrica de Cultura (Culture Factory) held by the company Constructii S.A., which is currently in reorganization. more

10.18.2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, has won a contract worth RON79 million (some EUR16 million), VAT not included, with more

04.28.2023

The bonds issued by the Municipality of Bucharest through the City Hall of Bucharest (PMB) are now traded on the Main Market of the Bucharest Stock Exchange (BVB) under the stock symbol PMB30. more

05.02.2022

The bonds issued by the Municipality of Bucharest through the City Hall of Bucharest (PMB) are now traded on the Main Market of the Bucharest Stock Exchange. more

09.23.2021

Oradea City Hall and Bihor County Council are poised to set up an airline that will operate flights between Oradea and Bucharest, but also to other European cities, with the first flight scheduled for more

09.21.2021

Mercedes-Benz Trucks&Buses Romania will deliver 40 eco-friendly buses, running with compressed natural gas, to Sibiu City Hall, under a contract worth RON77 million (EUR15.7 million). more

01.14.2021

Bucharest general mayor Nicusor Dan said Thursday the city hall intends to acquire state-owned thermal power producer Electrocentrale Bucuresti (ELCEN), which is the capital city's heat supplier. more

02.14.2020

Bucharest City Hall seeks to release a ten-year bond issue of up to 550 million lei (EUR115 million) to refinance a 2015 loan falling due in May 2020, ZF has found. Raiffeisen and two other banks, more

04.28.2015

The city of Bucharest plans to raise up to 2.2 billion lei (EUR500 million) in several bond issues to fund the repayment of a 10-year bond that falls due in June, market sources told Mediafax. more

03.27.2015

Preparations for the biggest leu-denominated bond offering on the local capital market have entered the finishing straight: the prospectus is almost ready and subscriptions are likely to start in one more

11.27.2014

Two syndicates, one comprising BCR-BRD and the other Raiffeisen Bank, Banca Transilvania and Japanese Nomura bank have submitted bids for assisting the Bucharest City Hall with the issuance and sale more

11.12.2014

The city of Bucharest plans to issue leu-denominated bonds to fund the repayment of its EUR500 million Eurobond that falls due in 2015, according to an auction announcement. more

04.01.2014

Banca Comerciala Romana, the largest Romanian bank, last year became the owner of the land plot on Calea Victoriei boulevard where is located Bucharest Financial Plazza, the tower that hosts its more

03.27.2013

Romania’s government approved Wednesday the merger of heating distributor RADET and thermal power producer ELCEN, people close to the matter told Mediafax Wednesday. more

01.29.2013

Romanian local governments that register arrears at the end of January 2013 will be obliged to reduce them by at least 85% in two months, otherwise the state treasury will limit payments from their more

12.17.2012

Bucharest’s sector 6 city hall wants to contract a credit line of up to 240 million lei (EUR53.8 million) to finance building thermal rehabilitation projects, and the capital’s sector 4 mayoralty more

12.04.2012

Romania’s Government on Tuesday lowered the cap on annual reimbursable financing local authorities may contract between 2013 and 2015 to stay within the consolidated budget deficit target. more

11.29.2012

The Bucharest Council on Thursday approved a memorandum whereby thermal power producer ELCEN will be taken over by the City Hall. more

08.08.2012

Romania’s Finance Ministry will stop payments from income tax and VAT collections provided to local authorities, for the city halls which received money from the Government's reserve fund during the more

06.13.2012

Sorin Oprescu has been reelected Mayor of Bucharest, with 54.79% of the votes cast Sunday, while the runner-up, PDL deputy Silviu Prigoana, got 17.12% of the ballot, according to the final results of more

04.02.2012

Romanian Prime Minister Mihai Razvan Ungureanu and the country’s ruling coalition have reached an agreement on allotting extra money to local public authorities, so the funds will be used only to more