03.12.2012

Investments in mutual funds rose to 170 million lei (about EUR39 million) in February, which shows a rebound of the market after the decline in the last quarter of 2011. more

03.07.2012

Monetary funds, the biggest mutual funds in Romania with total assets of more than 3.8 billion lei (almost EUR900 million), have less than six months left to decide whether or not they should remain more

03.06.2012

The Romanian Government decided Tuesday to change the organizational chart at the ministries of Labor and Education and increase the number of positions by 71 to speed up EU fund absorption. more

03.05.2012

After returning to Romania for just a few days from the European roadshow to promote Transelectrica’s (TEL.RO) offering, Lucian Anghel, chairman of the Bucharest Stock Exchange (BVB.RO), tells ZF in more

02.29.2012

Romanian Labor Minister Claudia Boghicevici said Wednesday Romania backs the proposition put forward by the European Commission to increase by 10% the sum allotted from the European Social Fund (ESF) more

02.27.2012

Romanian Transport Minister Alexandru Nazare wants European Commission refunds to the Transport Ministry to exceed EUR1 billion this year. more

02.22.2012

Romania’s Agriculture Minister Stelian Fuia on Wednesday dismissed the headship of the management authority for the operational program for fisheries, as it absorbed no money from the EUR320 million more

02.22.2012

Put in charge of the newly-created Ministry of European Affairs with the declared purpose of attracting more European money, five months on Leondard Orban stresses the limits of his mandate: “I am more

02.21.2012

The European Commission has officially notified Romania it is halting payments for EU-funded human resources programs, Government spokesman Dan Suciu said Tuesday. more

02.20.2012

The “defective management” which prompted the European Commission to suspend financing for EU-funded human resources programs is widening Romania’s budget deficit by EUR2.5 million per day until more

02.17.2012

European Commissioner Dacian Ciolos warned that Romania might miss out on more than EUR100 million allotted for projects to enable Internet access in rural areas in 2007-2013, since the authorities more

02.16.2012

Romanian Prime Minister Mihai Razvan Ungureanu on Thursday summoned the inter-ministry committee to analyze the legal and administrative measures that must be taken to improve the country’s EU fund more

02.16.2012

Romania will not face the risk of losing European funds for rural development in 2012 if it maintains last year’s pace of fund payment, European Commissioner for Agriculture Dacian Ciolos said more

02.15.2012

The heads of management authorities in charge of drawing EUR19.7 billion in EU funds come with different arguments when it comes to explaining why no payments were made in January: some say either the more

02.14.2012

Not one euro refunded by the EU from the structural and cohesion funds. This is what the first month of the year looked like, a year in which the Romanian authorities plan to attract EUR6 billion – more

02.10.2012

The net assets of local investment funds increased in January by 2.4%, to 6.94 billion lei (EUR1.59 billion), with monetary funds and bond funds seeing 99% of net subscriptions. more

02.10.2012

The market rally at the beginning of this year was so surprising that even managers of equity funds had not seen it coming. As a result, the most profitable mutual funds were those less actively more

02.08.2012

The Cabinet proposed by Romanian Prime Minister Designate Mihai Razvan Ungureanu wants to attract EUR6 billion in EU funds by the end of the year and increase the country’s fund absorption rate to more

02.02.2012

Romania has managed to cash EUR11.91 billion from the European Union budget, since January 1, 2007 when it joined the EU, and contribute EUR6.24 billion to the budget, which means the country’s net more

01.30.2012

Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competition from more

01.27.2012

Wine makers attracted EUR166 million in EU funds between 2007 and 2011, which went mainly into the reconversion of around 10% of the vine growing area. In the past few years, the funds made available more

01.26.2012

Erste Asset Management, the largest mutual fund manager in Romania, handles 2.8 billion lei (EUR0.64 billion) from over 100,000 customers that include millionaires in euros, entrepreneurs and tennis more

01.24.2012

Romanian young farmers submitted over 3,800 projects between November 28, 2011 and January 13, 2012 to access non-reimbursable financing through the Agency for Rural Development and Fishing Payments more

01.24.2012

Buzau (SE Romania) businessman Constantin Toma, who successfully steered the Romet group towards EUR300 million sales last year, plans to consolidate business at this level in 2012 and also boost more

01.23.2012

Share investment funds generated yields of up to 8.3% at the beginning of this year, helped by the increases registered by the stock market, after having been the laggards of the fund market in 2011, more