10.02.2024

Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has informed the capital market on Oct 2 about the approval of funding for two projects through the Agency for more

07.27.2023

Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banca more

12.15.2022

Karlovo-based Altimir BS EOOD, owned by Svetoslav Bozhidarov Ilchovski, one of Bulgaria’s biggest landowners, has bought Rural Capital company, a grain grower, from Mihai Rotary, owner of more

06.06.2022

Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivity and more

11.17.2021

The coronavirus pandemic has intensified the migration of a large part of Romania’s population towards suburbs or localities around big cities, a trend that will maintain on the medium term, with more

09.28.2021

Alpha Bank Romania has signed a collaboration protocol with Romania's Agency for Rural Investment Financing (AFIR) in order to speed up the absorption process of European funds allocated under the more

08.26.2021

The number of pharmacies in Romania went down slightly by 54 in 2020, but last year was the second year of decline, National Statistics Institute data show. The decrease in 2019 was about the same as more

08.11.2021

Profi store chain, controlled by Mid Europa Partners investment fund, is raising its bet on rural areas, with almost half of the 90 stores opened in 2021 being under the Loco format, destined to more

08.09.2021

Vodafone Romania has expanded its mobile network with more than 700 4G base stations in the past year, connecting about 150,000 users in 158 rural towns to mobile voice and data services. more

04.19.2021

Consumer spending rose a lot in small cities of less than 50,000 people in the first two months of 2021 compared with the year-ago period, so sales of food, personal and household care products went more

09.17.2018

The European Investment Bank (EIB) on Monday said it is lending EUR450 million to Romania to finance its national contribution to the implementation of the Romanian Rural Development Program (RDP) more

08.01.2018

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10.17.2017

Romania's guarantee fund for SMEs issued a record number of guarantees in the past three months to increase EU fund absorption by guaranteeing loans for co-financing of rural development project. more

08.07.2015

Retailer Profi will be opening 11 stores under the LOCO brand on Saturday, marking the inauguration on the Romanian market of a new Profi concept for rural areas, with products adapted to the needs of more

08.18.2014

Urban stress, crowding and insufficient income are putting increasingly more pressure on the generation aged 35 to 50, which is trying to escape such city dwelling burdens. more

06.02.2014

UK’s PayPoint, which operates a network of more than 8,000 terminals enabling users to pay various bills across Romania, plans to expand with new online and mobile payment processing services after more

05.30.2014

French group Carrefour, already present in Romania with around 150 stores operating under four concepts, has introduced the Contact brand on the Romanian market this year, which it plans to launch in more

03.23.2014

Romania’s new Rural Development Program for 2014-2020 stipulates that funds for the country’s irrigation infrastructure will increase 2.5 times, while financing for family farms will rise more more

12.23.2013

Romania invested EUR5.78 billion through the National Rural Development Program in the 2007-2013 period, according to Agriculture Ministry data. more

09.10.2013

Romania's Payment Agency for Rural Development and Fisheries, or APDRP, will grant EUR70,000 to youngsters willing to start up businesses in rural areas, Nicolae Popa, deputy general manager of the more

04.24.2013

The 12 competitors in modern retail have put more than 1,000 stores on Romania’s map, and some of them have lately tried to expand to rural areas, even though still close to big cities. more

04.15.2013

Romania will receive some EUR7.2 billion through the EU-financed National Program for Rural Development for the interval 2014-2020, down from EUR8.1 billion in 2007-2013, Agriculture Minister Daniel more

08.07.2012

Metro Cash & Carry has reached a chain of over 300 franchised stores opened under the name “La Doi Pasi,” while a further 250 stores are in the process of being set up. more

04.09.2012

The European Commission has approved new changes to Romania's National Rural Development Program, which provides funds for pig welfare and increases the maximum level of support for young farmers from more

04.04.2012

To Swedish cosmetics producer Oriflame, 2011 was the best in the fifteen-year history on the local market. Half of this record is thanks to Karolina Georgieva, who became managing director of Oriflame more