11.28.2012

Romania’s financing needs for 2013 are estimated to stagnate at around 70 billion lei (EUR15.5 billion), equal to 11% of the gross domestic product, Austrian Erste Group Bank AG said in a report more

11.26.2012

Romania’s Health Ministry has identified several strategic hospitals and will focus on developing them in the next few years, Health Minister Raed Arafat said Monday. more

11.22.2012

The International Finance Corporation, the private lending arm of the World Bank, has increased its exposure to Romania to $300 million at the end of last year, from $50 million before the financial more

10.29.2012

Romania’s Development Ministry wants to launch a double-scheme financing program meant to help local authorities develop public utility infrastructure, and to provide financing to investors in more

10.26.2012

Eric Stab, president and general manager of GDF Suez Energy Romania, the largest gas distributor on the local market, explained that the financing model used by parent group GDF Suez counted a lot in more

10.19.2012

The European Bank for Reconstruction and Development EBRD will co-finance with EUR13.85 million an upgrade and expansion project of the water and sewerage network in the southern Romanian county of more

10.19.2012

The bond issue launched by natural gas distributor GDF Suez Energy Romania provides the first official indications as to the costs of leu-denominated financing for companies. more

10.16.2012

The market of financial leasing returned to a decline in the first six months of this year because of lower financing for equipment and real estate transactions. more

10.15.2012

Intesa Sanpaolo Bank and its leasing division will borrow EUR20 million from the European Investment Bank (EIB) to finance small and medium sized enterprises (SMEs), midcap companies and projects more

10.05.2012

Romania’s Finance Ministry will likely tap international debt markets for a third time this year ahead of the November election campaign to increase its liquidity buffer, according to a report from more

09.26.2012

Romania has huge financing needs and it should seize any opportunity to attract additional funds, the head of the Bucharest Stock Exchange said Wednesday. more

09.24.2012

Romanian cable maker Romcab (MCAB.RO) opened a new plant last week in Mures county, and the investment received financing from state-run lender EximBank. more

09.21.2012

The quantitative easing measures announced by the major central banks in the world had positive effects on the financial markets in September, Romania included. more

09.18.2012

The European Commission on Tuesday approved a financial contribution of EUR180 million from structural funds for the construction of the world’s most powerful laser in Romania, in southern town of more

09.12.2012

Romania industrial engineering company Adrem Invest Bucuresti will sign a financing contract with Austrian bank Raiffeissen for the construction of the new thermal plant in the northeastern town of more

09.04.2012

Romanian doctors who own or want to set up clinics in rural areas, as well as medical associations that operate there, may access non-reimbursable funds to finance their activity through the National more

09.03.2012

Romania may be allotted between EUR40 billion and EUR47 billion by the European Union for the 2014-2020 period, said Razvan Cotovelea, state secretary in the Ministry of European Affairs. more

08.07.2012

Mugur Isarescu, governor of Romanian central bank BNR, on Monday warned politicians that Romania would not only be penalized through the depreciation of the leu for the unending scandal, but also more

07.31.2012

Romania’s Economy Ministry said Tuesday it signed 16 non-reimbursable financing contracts of 486 million lei (EUR106.3 million) between July 9 and July 27, within the EU-funded program increasing more

07.30.2012

Romanian young farmers asked the country’s Payment Agency for Rural Development and Fishing APDRP a total EUR272.3 million worth of non-reimbursable financing, highly over the EUR120.8 million more

07.16.2012

The Romanian Economy Ministry will co-finance a photovoltaic energy project in southern Romania, worth 46.4 million lei (EUR10.2 million). more

07.10.2012

Romanian Agriculture Minister Daniel Constantin said Tuesday that projects totaling EUR800 million will be annulled unless farmers find co-financing over the next three months. more

07.01.2012

The Romanian Federation of Cancer Patients Associations, or FABC, said in a press release Sunday that it has called on Prime Minister Victor Ponta to step in and support the financing of the public more

06.28.2012

Five Romanian firms will receive 27.2 million lei (EUR6.1 million) in non-refundable financing from the European Union and the state budget, for investments with a total value of RON101.5 million more

06.05.2012

Romania’s public ambulance service might be financed from the state budget, through the Health Ministry, instead with funds from the National Health Insurance House (CNAS), Health Minister Vasile more