11.23.2011

Romanian Economy Ministry plans to sell stakes of 10% in power producers Nuclearelectrica and Hidrolectrica to increase the share capital of the two companies, according to a draft government more

11.22.2011

Romania's Development Ministry will use European funds for building thermal rehabilitation, having received the European Commission's permission for this type of investment. more

11.21.2011

Romania's Transport Ministry will pay additional compensation of 14.62 million lei (EUR3.35 million) for expropriations for the upgrade of Bucharest's beltway, after the project's feasibility study more

11.21.2011

The Romanian Transport Ministry will inform the European Commission starting next year about the level of carbon dioxide emissions from new light commercial vehicles registered in Romania, according more

11.21.2011

Romania's Transport Ministry will pay 358.19 million lei (EUR83.3 million) in compensation to expropriate 855 plots located on the site of a project to upgrade road DN 76 Deva-Oradea. more

11.21.2011

Romania’s Finance Ministry Monday sold nine-month treasury bills worth 502.3 million lei (EUR115.2 million), half the planned amount, at an average yield of 6.72% on the year. more

11.18.2011

The Finance Ministry picked a really bad moment to try to sell bonds on the U.S. market and had to postpone the loan. Romania intended to borrow between $1 billion and $2 billion from the U.S more

11.17.2011

Romania’s Finance Ministry on Thursday sold 296.5 million lei (EUR68 million) in three-year bonds, slightly below the planned amount, at an average yield of 7.48% a year. more

11.15.2011

Romania’s planned US-dollar denominated bond issue will likely be affected by the international financial turmoil and the recent change in Hungary’s outlook, an official of the Finance Ministry more

11.15.2011

Romania’s economic growth in the third quarter was mostly driven by farming output, but the low taxation in the agriculture sector makes the increase less noticeable in terms of revenues to the more

11.14.2011

The Romanian Finance Ministry plans to borrow EUR1.3 billion from international markets to cover half of next year’s budget deficit, but the total amount attracted from foreign creditors could be more

11.14.2011

Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.39 billion lei (EUR317 million), above the planned amount, at an average yield of 6.51% a year, lower than at the previous more

11.11.2011

Romanian Transport Ministry has canceled the auction to select a broker for the sale of a 20% stake in state-run airline Tarom, citing lack of interest from brokerage houses. more

11.10.2011

Romania will offer up to $2 billion of medium-term bonds in a US debt sale scheduled for the end of November, the second international auction this year and the first dollar-denominated bond in more more

11.07.2011

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR229 million) in one-year treasury bills, at an average yield of 6.64% a year, lower than at the previous auction. more

11.03.2011

The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the first nine more

11.03.2011

Romania's Ministry of Communications will select a consultant, who in December will begin looking for a strategic investor to take over a stake of up to 33% in the national postal company Posta more

11.03.2011

Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114.7 million) in two-year bonds, at an average yield of 7.23% a year, slightly lower than at the previous auction. more

11.01.2011

Romania abstained from voting Monday on Palestinians’ request to join the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Romanian Foreign Affairs Ministry said more

10.31.2011

Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.04 billion) in November, more than double from RON2.13 billion sold a month earlier, ministry data showed Monday. more

10.28.2011

The Romanian Tourism Ministry awarded a EUR3.2 million contract to firm EMC South Central Europe-The Network, which will provide consulting services to promote the country’s tourism brand, the more

10.27.2011

Sergeant Marian Nicula of the 495 Battalion serving in Afghanistan was injured Tuesday evening in an insurgent attack on NATO coalition forces and will be taken to a hospital in Germany, the Romanian more

10.26.2011

The Romanian Development Ministry cancelled two auctions for road upgrading through the National Infrastructure Development Program (PNDI) in counties Arges, Olt, Dolj and Gorj. more

10.26.2011

The construction companies that have so far won contracts worth around EUR1 billion for the rehabilitation of county and local roads included in the National Infrastructure Development Program (PNDI) more

10.25.2011

The government’s interest spending, which has tripled in the last three years, will continue to rise, making it into an important risk factor for fiscal control. Payment obligations will increase more