08.27.2014

Romania’s Finance Ministry plans to sell state treasuries worth 3.07 billion lei (EUR697 million) in September, up from RON1.5 billion raised a month earlier, the ministry said Wednesday. more

07.23.2014

Romanian President Traian Basescu is a bourse investor, holding 2,948 Romgaz (SNG.RO) shares worth 105,803 lei (EUR24,000). Another $36,000 were placed by the President in state paper. more

07.16.2014

Building material producer AdePlast, controlled by businessman Marcel Barbut, renounced the EUR7.3 million state aid it got last year for the construction of a stone wool plant, an investment that more

07.07.2014

Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state aid more

06.24.2014

ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefit from more

06.19.2014

Italian-held Maschio Gaspardo, the largest producer of farm machinery in Romania, is to get state aid worth EUR4.7 million, representing 49% of the value of investments at its plant of Chisineu-Cris, more

06.16.2014

The Romanian Government plans to offset the negative impact on revenue collections to the state budget, calculated at 4.8 billion lei (EUR1.09 billion) for 2015, due to the planned cut in the social more

06.10.2014

Romania’s 20 largest state-owned companies, monopolies in energy production, gas or rail transport, reported cumulated net profit of around EUR350 million in 2013, according to data centralized by more

05.30.2014

The Romanian state will play a more active role, in the upcoming months, in the companies in which it owns a minority stake, like Fondul Proprietatea (FP.RO) does, Energy Minister Razvan Nicolescu more

05.28.2014

German industrial giant Siemens and Israeli IT service provider Ness Technologies will get almost EUR11 million state aid to create more than 400 jobs in research and development centers in Bucharest, more

05.13.2014

The European Bank for Reconstruction and Development is interested in buying stakes in Romanian state-owned companies, but is also mulling the country’s small and medium sized companies, said more

04.29.2014

Karoly Borbely, state secretary with the Energy Department in the Economy Ministry was appointed Tuesday in the board of directors of Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the more

04.24.2014

Romania’s Finance Ministry sold debt worth 1.3 billion lei (EUR290 million) at two auctions Thursday, in line with its initial target. more

04.10.2014

The Finance Ministry reaffirmed in the public debt management strategy its intention to consider the opportunity of issuing “specific securities for the population”. The objective was also more

04.08.2014

The value of state aid granted to 55 companies reached EUR684 million between 2008 and 2014, out of which EUR259.2 million were already paid, Livia Stan, general manager in the Romanian Finance more

04.08.2014

The Romanian state is set to cover part of salary expenses for around 1,500 companies that should create a total of 30,000 new jobs within a seven-year period, with the budget of the new state aid more

04.07.2014

Deals with bonds and state paper listed on the Bucharest exchange have plummeted to an average value of 560,000 lei per day, similar with the 2005 level, as the interest rates of listed bonds are so more

04.04.2014

The volume of non-residents’ RON and EUR-denominated state paper slid in the first month of this year below the EUR5 billion mark, while the weight of foreigners in the internal public debt more

04.02.2014

Romania’s 20 priority investments for this year have a total budget of around EUR1.1 billion, but only four of these refer to new projects set to receive around EUR160 million in 2014. more

03.24.2014

The Romanian Government continued to borrow cheaper in the first quarter of 2014, with state paper yields hitting a fresh all-time low during this period. more

03.07.2014

Airbag manufacturer Global Safety Textiles, which has a plant in Sighisoara (central Romania), will receive state aid of EUR18.5 million for a EUR46 million investment in a new production facility more

02.28.2014

Romania’s Finance Ministry plans to raise EUR200 million in a reopening of its January 2019 Eurobond at a local auction scheduled for March 20, the ministry said Friday. more

02.04.2014

The Romanian government Tuesday said it plans to disburse a new 174 million lei (EUR39 million) subsidy in 2014 for the state-run mine closing company Societatea Nationala de Inchideri Mine Valea more

01.23.2014

The Romanian Finance Ministry approved aid for 52 projects totaling investments of EUR3.08 billion between 2007 and 2013, out of which EUR727.19 million represented state support, the ministry said more

01.23.2014

Deutsche Bank--which is developing a technology center for Eastern Europe in Bucharest that will employ 500--got a EUR15 million aid from the Romanian government in December to support a EUR40 million more