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

07.13.2011

Romanian local authorities that fail to start projects financed through the Regional Operational Program within six months from signing contracts with the Regional Development Ministry will lose more

07.08.2011

The Romanian Government considers reducing the state ceiling to pre-finance EU-funded projects from 30% to about 15% of the contract’s value, people close to the matter told MEDIAFAX Friday. more

06.24.2011

Romanian Communications Minister Valerian Vreme on Friday signed 24 contracts for financing from structural funds, worth a combined EUR400,000, for projects supporting access to the Internet and more

05.25.2011

Erste Group Immorent (EGI) Romania, unit of Austria’s group Erste, is negotiating total financing of EUR120 million for real estate projects this year, well above the EUR22 million financing more

05.24.2011

Romania’s structural funds on energy and energy efficiency should be calculated on specific requests by companies, since interest is disproportionate between the two segments, Economy Ministry more

05.18.2011

Romania's National Water Administration (ANAR) has accessed more than EUR40 million through 10 financing contracts for projects run on ten basins, as part of the "Plan for flood prevention, protection more

05.03.2011

Companies looking to access EU funding worth a total 243 million lei (some EUR60 million) for investment in energy efficiency, can file the literature between May 13 and December 15, the Economy more