11.24.2011

Romania and Israel will create a foundation to attract private funds from the two states for research and development, and will set up a center for the modernization of communications infrastructure, more

11.14.2011

Romania's Regional Development and Tourism Ministry is awaiting project applications for the second stage of the Joint Operational Program Romania – Ukraine – Moldova 2007-2013, which has a budget more

11.10.2011

Romania's Government on Wednesday approved the technical-economic indicators for two projects, worth a total 308.84 million lei (EUR71 million), to strengthen three sectors of road DN 2A more

11.09.2011

Romania will consider the VAT for EU-funded projects an eligible cost to be compensated from community funds starting next year, but only for contracts signed after January 1, 2012, and some programs more

11.03.2011

The Government on Wednesday approved in its meeting a list of 100 investment projects conducted with EU funds, which will be monitored and prioritized. more

11.01.2011

Romania's Government has drawn up a list of 60 projects financed by the EU that will be monitored with priority, most of them at little over 0% completion despite being worth more than EUR7 billion more

10.13.2011

The EU-funded projects contracted by Romania through the regional operational program (POR) by the beginning of this week are worth EUR4.5 billion and exceed the budget allotted to the program, of more

10.12.2011

Romanian Prime Minister Emil Boc and his Bulgarian counterpart, Boiko Borissov, decided Wednesday to set up a high-level cooperation council tasked with preparing future joint Cabinet meetings. more

10.07.2011

Romanian Prime Minister Emil Boc said the Government has five major projects it wants to implement through public-private partnership – a hydropower plant, two new reactors for the Cernavoda nuclear more

10.03.2011

The face of Bucharest should be changed every year. After the Basarab Overpass, the most important and expensive urban infrastructure project of the last twenty years inaugurated at the beginning of more

09.13.2011

The payments made by authorities for EU-funded projects went up by merely 3.3% in August, after a 60% decline in July compared with the previous month. more

09.02.2011

Belgian energy producer Electrawinds on Friday said it plans wind farms with a total output of 200 MW in Romania, after completing last year a first project, with an installed capacity of 3 MW. more

08.31.2011

The Romanian Economy Ministry on Wednesday announced that 18 companies it controls will complete investment worth a total 16.7 billion lei (EUR3.9 million) between July and December 2011, twice more more

08.26.2011

Civil servants currently working in institutions that help manage European funds will no longer be allowed to move to the private sector to work for EU-funded projects, according to an emergency more

08.25.2011

Romanian Prime Minister Emil Boc has asked the ministries to each appoint "a liaison," who is to report regularly on the progress of the five public-private partnership projects pitched to more

08.24.2011

Siveco, the largest software company in Romania, with a turnover of EUR60 million in 2010, intends to increase exports, so that half of its sales to be made abroad in a few years’ time. more

08.19.2011

Romanian state-owned energy transporters Transelectrica (TEL.RO) and Transgaz (TGN.RO) will receive non-refundable financing worth a total 272 million lei (some EUR64 million) for upgrades, according more

08.17.2011

Romania’s Environment Minister Laszlo Borbely said Wednesday European projects contracted by local authorities, which exceed a six-month implementation deadline, will lose two thirds of the more

08.13.2011

Chinese investors have assured the Romanian Government they will bid for major investment projects in Romania and will offer low prices for works and also inquired about state aid options. more

08.05.2011

Over 20 years, Cluj-based EnergoBit built a group with turnover of over EUR100 million, which has ended up competing on an equal footing with all major international companies on the energy equipment more

08.04.2011

Romania’s Government has decided to assign EUR600 million from privatization proceeds to continue funding EU projects until the European Commission resumes payments to Romania. more

07.28.2011

Those who won EU-financed projects in the last few months will no longer be able to receive 30% pre-financing to start the activities of the project, as was the case for beneficiaries of EU funds so more

07.26.2011

Romania attracted 73 greenfield investment projects in January to April, down from 81 projects drawn in the same period a year earlier, a report from the United Nations Conference on Trade and more

07.21.2011

Romania will finance EU projects from the state budget and the Government will send the bills to the European Commission to recover the EU funds only after double-checking all the documents, Prime more

07.21.2011

President Traian Basescu has requested that the government stop sending the bills for the reimbursement of eligible expenses for European Union-funded projects to Brussels. This means that the EUR5 more