12.18.2015

Romanian President Klaus Iohannis on Friday signed off the state budget and social insurance bills into laws, according to the presidential administration. more

12.16.2015

Romanian lawmakers on Wednesday approved the 2016 state budget plan with 309 votes in favor and 13 against. more

12.05.2015

Romania's 2016 state budget draft considers a deficit of 2.8% of gross domestic product, within the EU limit of 3%, to accommodate tax cuts and wage raises passed by the previous government. more

12.02.2015

Romania's finance ministry plans to sell state paper worth a total 3.03 billion lei ($718 million) in December, bringing this year's total debt sales to nearly RON39 billion, 15.4% lower than last more

11.26.2015

The debts of Romanian companies to the state budget continued the downward trend and fell to RON47.9 billion in January-September, with the biggest debts registered by a company in KMG International more

09.03.2015

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will create more

07.31.2015

The European Commission has opened two investigations to examine if measures in favor of two publicly-owned airports in Romania, Cluj-Napoca International Airport and Targu Mures Transilvania Airport more

07.31.2015

The impact of the VAT cut to 9% on food items as of June 1 was a positive one, bringing RON400 million to the state budget, although the government estimated a negative impact of RON500 million after more

07.24.2015

Germany's Karcher will receive a state aid of 37 million lei (nearly EUR8 million) for building a 22,000 sqm cleaning equipment factory in Curtea de Arges, in a EUR20 million investment, according to more

06.29.2015

The Romanian Government will grant a new loan to energy holding CE Hunedoara, in the amount of RON167 million, as individual state aid for rescue, but attached certain conditions to the loan. more

06.12.2015

The European Commission has concluded, following an in-depth investigation, that electricity supply contracts signed by Romanian state-owned electricity generator Hidroelectrica with certain more

04.28.2015

The listing of 15 companies which have or have not been privatized yet, are either minority or majority owned by the state or have already been listed, would bring the government over EUR1 billion, more

04.24.2015

Bosch Rexroth will receive EUR16,6 million state aid to invest EUR33 million in expanding its production of automotive sensor plant in Blaj, Alba county, that will create around 570 new jobs. more

04.14.2015

The Romanian government plans to give energy holding CE Hunedoara an individual state aid representing a six-month loan worth nearly RON100 million (EUR22.67 million) from the privatization fund, more

03.30.2015

European Commission has decided that Romania has to recover compensations granted to brothers Ioan and Viorel Micula following the abolishment of an aid scheme targeting investments in disadvantaged more

03.19.2015

Restructuring announced at energy holdings Hunedoara and Oltenia, which operate the largest thermal power plants in the country, will probably be dramatic, and the biggest stake in the move is state more

02.18.2015

The Romanian government will assign state aid of RON143.4 million (EUR32.3 million) this year for the shutdown of noncompetitive coal mines. more

01.30.2015

Romania’s Finance Ministry plans to raise almost 5 million lei (EUR1.13 billion) at debt auctions in February, the highest monthly plan in four years. more

01.14.2015

Romanian state-run companies’ revenues increased by RON6.49 billion in 2013 and the gross profit of the 228 active state-owned economic operators stood at RON2.74 billion, according to a report more

12.30.2014

Private security company Alistar, Japanese-held automotive component manufacturer Yazaki and private medical service provider Pelican might create more than 6,000 jobs if their state aid applications more

12.11.2014

Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel Bors said more

12.08.2014

Small and medium-sized manufacturing businesses could benefit from a state aid scheme wherein they could receive as much as EUR100,000, under a EUR250 million program the Ministry for SMEs seeks to more

11.27.2014

The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years. more

11.10.2014

The Romanian Government will have to notify the European Commission of the state aid for the construction of a 1,000-megawatt hydropower plant in Tarnita-Lapustesti, worth over EUR1 billion, more

10.07.2014

The 9% decrease of the local beer market in the first six months of the year triggered losses worth 60 million lei (EUR13.6 million) to the state budget, Romanian Brewers Association announced more