05.10.2013

Romania wants to grant de minimis state aid of up to EUR200,000/firm over a three-year period to small and medium-sized enterprises which make investments and create new jobs. more

04.16.2013

Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan more

03.27.2013

Renewable energy producers, which receive aid from the state, should be obliged to cede a part of it for electricity network upgrades, an official of Romanian state-run power grid operator more

03.26.2013

The European Commission wants to reduce state aid starting next year, a proposition rejected by several EU member states, including Romania, and allow non-reimbursable financing only from structural more

03.20.2013

Romania will disburse extra 163 million lei (EUR36.8 million) for state-run coal mining company Compania Nationala a Huilei (CNH), part of a financing package to be used in a restructuring program for more

03.06.2013

The reduction of state aid granted to renewable energy producers is detrimental to the sector and will cause many companies to leave the market, according to the Romanian Photovoltaic Industry more

03.05.2013

Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency mainly due to authorities’ indecision to set off more

03.05.2013

Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency, mainly due to authorities’ indecision to set off more

02.28.2013

Romania’s Economy Minister Varujan Vosganian on Thursday said state aid should be granted to chemical plant Oltchim Ramnicu-Valcea (OLT.RO) by the middle of the year, or it will no longer be useful. more

02.14.2013

Romanian Economy Minister Varujan Vosganian requested EU Commissioner for Competition Joaquin Almunia to approve a EUR45 million state aid to Romanian chemical plant Oltchim (OLT.RO). more

01.28.2013

Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the country’s more

01.22.2013

Romanian mandatory private pension funds (Pillar II) increased their exposure to state treasuries by about 10 percentage points last year to 76.3%, according to private pension system regulator CSSPP. more

01.07.2013

Romania’s Finance Ministry on Monday sold state paper worth 2.15 billion lei (EUR486.3 million) in the first two auctions of 2013, at decreasing yields, as investors' interest for Romania debt has more

12.27.2012

Romania’s Finance Ministry plans to sell debt of 18-20 billion lei (4-4.5 billion euros) on the local market in the first three months of 2013, according to a ministry announcement. more

12.27.2012

The Romanian Government decided in Thursday session the indemnity of state-owned companies heads will be limited in 2013, while the employees' salaries will increase by maximum 3%, according to the more

12.22.2012

Romania’s new Health Minister Eugen Nicolaescu on Saturday appointed Raed Arafat to the position of secretary of state and first deputy health minister. more

12.20.2012

Romania’s Finance Ministry on Thursday sold three-year bonds of 3.4 billion lei (EUR760 million), much higher than its RON300 million target, as the average yield fell to 6.14% from 6.61% at the more

11.29.2012

Romania’s Government wants to extend by a month the deadline by which the annual state budget must be sent to the Parliament for approval. more

11.21.2012

The Romanian government will give Italian tire maker Pirelli EUR35 million in state aid so it can expand its local production line in Slatina, where the company plans to invest EUR105 million in more

11.15.2012

Romania’s Hunedoara energy holding Thursday said it is negotiating with state-run lender EximBank and the Economy Minister, the power producer's majority stockholder, a state guarantee for loans of more

11.13.2012

Romania’s Economy Ministry said Tuesday it will resume the selection of private managers at state-owned companies included in its portfolio. more

10.27.2012

Romania’s Government approved this year’s second budget revision in a special meeting Saturday. more

10.25.2012

The Government must decide which companies it keeps and privatize or liquidate the remaining ones because the Romanian sector of state-run enterprises is still oversized even when considered against more

10.17.2012

Romania’s Government is considering granting an emergency aid of EUR20 million to chemical plant Oltchim Ramnicu-Valcea (OLT.RO), an official of the Economy Ministry said Wednesday. more

10.17.2012

Romania’s financing needs remain high in the last months of the year with government securities of 9.1 billion lei (EUR2 billion) reaching maturity in the fourth quarter. more