10.26.2012

The decision of the European Commission to pre-suspend the Romanian EU-funded program for regional development will block refunds of about EUR200 million for two months, the Development Ministry said more

10.23.2012

Israeli IT solutions and services provider Ness Technologies said Tuesday it has opened a development center in Iasi, northeastern Romania, as part of its Software Engineering Services (SES) global more

10.16.2012

Portuguese developer Sonae Sierra set a joint-venture agreement with Ireland’s Caelum Development, which envisages a EUR185 million investment in the construction of Bucharest-based ParkLake Plaza more

10.16.2012

The Romanian e-commerce market grew at a slower pace than expected, Google Romania director Dan Bulucea told ZF Digital 12 news conference Tuesday. more

09.19.2012

Romania’s Regional Development Ministry is the new administrator of the Rural Infrastructure Development Program and will pay off rural infrastructure debts of 144 million lei (EUR31.9 million), more

05.07.2012

Romania's joint Parliament committees on Monday endorsed Eduard Hellvig for the office of Minister of Regional Development and Tourism, with 37 votes for, four against and one abstention. more

04.09.2012

The European Commission has approved new changes to Romania's National Rural Development Program, which provides funds for pig welfare and increases the maximum level of support for young farmers from more

03.26.2012

Low consumption and financing problems are the main obstacles making it almost impossible to develop a “genuine” mall at present outside Bucharest, despite the fact that there would be room for more

03.15.2012

Romania’s Agriculture Ministry on Thursday launched the National Rural Development Network (RNDR) through which farmers will receive counsel on how to develop local businesses using European money. more

03.14.2012

The Romanian Regional Development Ministry wants to contract all funds allotted by the European Union and reach a 30% fund absorption rate in 2012, Development Minister Cristian Petrescu said more

03.06.2012

The Romanian Development Ministry’s 2012 budget was reduced by 15% and the institution will prioritize investment projects that are over 80% finished, as well as infrastructure and tourism projects more

03.02.2012

Romanian development minister Cristian Petrescu on Friday said there is little chance for the thermal rehabilitation of buildings to receive EU funding, which means the ministry will have to earmark a more

02.07.2012

Alexandru Vlad, the chief executive of the local operations of cash&carry retailer Selgros, a EUR766 million business, says that Romania is divided into three distinct "countries," each of them more

02.06.2012

The start of new infrastructure projects and the fact that increasingly more constructors are using EU funds to buy equipment fueled a doubling of the construction equipment market in 2011, say more

01.31.2012

The Romanian Development Ministry has published a new auction announcement to award a contract worth 360.4 million lei (EUR83 million), VAT excluded, to upgrade roads in Suceava county, northeastern more

01.31.2012

Romania’s Regional Development Ministry has launched an open auction to award a contract for the design and construction of 39 sewage and water purification systems and 60 water supply systems in more

01.11.2012

Romania's Ministry of Regional Development and Tourism will pay around EUR2 million to participate in 70 trade fairs this year, while in 2011 the Ministry spent EUR900,000 to attend 25 fairs. more

01.03.2012

The Romanian Regional Development Ministry will demolish about 100 illegal buildings in tourist resorts, most of them located on the Black Sea coast, and building owners will cover demolishing costs, more

12.30.2011

Romania's Regional Development Ministry has launched three auctions for the upgrade of 23.5 km of county road and 757.2 km of local roads in counties Teleorman, Ialomita and Arges, for a total more

12.27.2011

Romania's Agency for Rural Development and Fishing Payments (APDRP) disbursed this year EUR1.56 billion of the funds allotted through the National Rural Development Program 2007-2013, APDRP said in a more

12.22.2011

Romanian tourism promotion and development projects will be carried out starting next year based on multiannual programs drawn up by the Regional Development and Tourism Ministry, the institution said more

12.21.2011

The Romanian Regional Development Ministry will implement an integrated urban development pilot program to modernize spa towns Borsec and Baile Herculane and Sulina, the ministry said Wednesday. more

12.20.2011

The ranking of the top ten infrastructure projects awarded this year shows that the Transport Ministry is finally prioritizing spending and moving money from road repairs to highway construction. more

12.16.2011

Romanian Development Ministry state secretary Razvan Murgeanu and Deva mayor Mircia Muntean on Friday signed four financing contracts worth about 37 million lei (EUR8.52 million) through regional more

12.13.2011

The Romanian Parliament on Tuesday adopted with 170 to 71 votes the 2012 budget of the Ministry of Regional Development and Tourism. more