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

03.21.2014

Romania received EU funding of EUR21.3 billion in 2007-2013 and paid EUR10.6 billion to the EU, resulting in a positive balance of EUR10.9 billion, Adrian Vasilescu, adviser to the central bank 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

03.11.2014

The combined net assets of Romanian open-end investment funds rose 3.17% to 13.98 billion lei (a little over EUR3 billion) in February, from RON13.55 billion a month earlier, data from the local more

03.07.2014

Romania’s new Cabinet wants to increase the absorption rate on European Union structural and cohesion funds by 50% to 80% by the end of 2015, according to its new governing program. more

03.05.2014

Investments of private equity funds in Romania will keep the negative trend of the past years and are expected to grow by less than 2% compared to 2013, in line with other countries in Central and more

02.24.2014

Romania’s EU fund absorption rate via the Sectoral Operational Program Increase of Economic Competiveness (POS CCE) might reach up to 60% this year, from 36% in 2013, when projects worth RON23.4 more

02.21.2014

Romania cashed Thursday over EUR830 million in European structural and cohesion funds, most of the sums going to the Sectoral Operational Program – Transport, the European Funds Ministry said in a more

02.12.2014

The combined net assets of Romanian open-end investment funds rose 4.4% to 13.55 billion lei (EUR3.02 billion) in January, from around RON13 billion a month earlier, data from the local Association of more

02.04.2014

Romanian Prime Minister Victor Ponta said the government wants to spend most of the European structural and cohesion funds for 2014-2020 on transport infrastructure, environment projects, urban more

01.27.2014

Private pension funds in Romania will have around EUR500 million in the next two years to invest in public offerings and corporate bonds, Raluca Tintoiu, general manager of ING Pensii, said Monday. 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

01.20.2014

Romanian state-run lender EximBank said Monday it has signed financial agreements worth about EUR50 million with local company Alro Slatina (ALR.RO) to finance current operations and issue bank more

01.15.2014

Six managers made the rules on the mutual fund market in 2013, raising 3.5 billion lei (EUR775 million) from investors. In 2014, the declining interests may bring another RON4 billion in net more

01.14.2014

The combined net assets of the 64 Romanian open-end investment funds rose in 2013 by 47.4%, to an all-time high of around 13 billion lei (EUR2.9 billion), compared with RON8.81 billion a year earlier, more

01.09.2014

The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the more

01.08.2014

The average yield of Romania’s voluntary private pension funds (Pillar III) reached a three-year high of 11.33% in 2013, and their total net assets stood at 811 million lei (EUR184 million) in more

12.20.2013

The year 2013 was the year of major changes on Romania’s capital market. State-owned energy companies Nuclearelectrica and Romgaz conducted initial public offerings and raised half a billion euros more

12.19.2013

Mutual funds attracted 3 billion lei from investors in the first 11 months of this year, a record-high amount which is double the inflow recorded in 2012.This comes as people sought more profitable more

12.12.2013

Mutual funds in Romania ended November with record-high net inflows of 777.8 million lei (EUR174 million), the largest monthly amount ever attracted on this market. more

12.11.2013

The net subscriptions of Romanian open-end investment funds hit a record high of 777.8 million lei (EUR174.9 million) in November, and local bond funds attracted 72% of the entire sum. 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

11.12.2013

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

11.12.2013

The combined net assets of Romanian open-end investment funds climbed 3% on the month to 11.45 billion lei (EUR2.57 billion) in October, the local Association of Asset Managers, or AAF, said Tuesday. more

10.29.2013

Contracting authorities last year awarded contracts worth a total of EUR15 billion through the electronic public procurement system (SEAP) - 103,911 contracts granted to a total of 9,268 companies, more